On November 4th, a16z partner Chris Dixon said in a social media post, Today we donated more than $23 million in additional funds to Fairshake and its affiliated Political Action Committees (PACs) for the 2026 midterm election cycle. Regardless of what happens on Election Day, we take a long-term approach to our policy efforts. The contribution to Fairshake is just one important part of achieving our ultimate goal of establishing clear laws to regulate the crypto industry, while protecting consumers and allowing entrepreneurs to build with confidence. Many industries have come to Washington asking for regulations to be cut, and we are here asking for regulations to be established.