Anchorage Digital, Chainlink Back Political Push for Digital Asset Policy

Rising political engagement by crypto firms signals that regulation is becoming central to the industry’s growth.

Crypto firms are stepping deeper into U.S. politics as regulation moves closer to a decisive phase. A newly launched political action committee, the Blockchain Leadership Fund, aims to back candidates who support digital asset and blockchain policy. Its debut comes as the midterm election cycle begins and lawmakers step up efforts to decide how the industry should be regulated.

New Crypto PAC Targets U.S. Elections With Policy-Focused Agenda

The Blockchain Leadership Fund (BLF) plans to back candidates who advocate for clear, consistent rules for digital assets. Organizers said the group will be active in elections at the federal, state, and local levels. It will also engage voters as crypto policy becomes a bigger topic in public debate.

BLF is structured as a hybrid political action committee, meaning it can both donate directly to candidates and fund its own independent political campaigns. Supporters say this setup allows the group to operate more flexibly and engage with policymakers across different layers of government. 

Initial funding is coming from Anchorage Digital and Chainlink Labs, which are named as founding contributors. Their involvement points to a more coordinated political effort from parts of the crypto industry. For Anchorage Digital, this is its first publicly known support of a PAC, according to the company.

Policy Clarity Seen as Key to Institutional Blockchain Growth

An Anchorage Digital spokesperson said crypto policy is being drafted, and companies that participate will help shape future rules. The spokesperson added that firms that stay out will have to live with decisions made by others.

Moreover, Chainlink Labs made a similar case for stronger industry involvement. A spokesperson said the path for digital asset legislation is clearer than in past years, though still uncertain. 

The representative pointed to the market structure bill as one of the most difficult policy areas currently under discussion. According to the company, candidates willing to work through those issues need consistent industry backing.

In addition, Chainlink tied the PAC effort to broader blockchain adoption. Its spokesperson said institutional partners are already building on blockchain infrastructure. In that context, policy clarity has become more important for future growth.

BLF said it plans to support what it called pro-innovation candidates and back decentralized technologies. The group framed the current moment as a long-term test for both the crypto sector and U.S. financial leadership. 

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