Which super PACs did Coinbase fund in 2024?

Fairshake ($68M), Protect Progress ($2.5M), Defend American Jobs ($2.5M), Future Forward (FF PAC) ($1.0M), House Majority PAC ($500K).

Which candidates did Coinbase's money end up backing or attacking in 2024?

against Katherine Porter (California Senate, about $2.6M, unknown); for Bernard F. Moreno (Ohio Senate, about $1.7M, won); for Kamala Harris (President, about $886K, lost). Amounts are the donor's share of each group's spending.

← All donors

Donor

Coinbase

Company

California

13 reported gifts; 8 recipient groups listed, as reported to the FEC by the groups that received them.

Backed winners

Coinbase gave $76M to super PACs and other outside groups in the 2024 federal elections, and 52% of it helped Democrats (FEC filings with varying coverage dates; the most common larger-campaign cutoff is Dec 31, 2024). Among dollars with a matched election-stage result, 71% were on the winning side ($9.5M won, $3.8M lost). $4.1M had no matched result and is excluded.

Gave to outside spenders

$76M

52% of it helped Democrats

Winning share of scored dollars

71%

$13M scored (18% of gifts)

Spent on the losing side

$3.8M

Not allocated or result unknown

$63M

$59M not allocated to tracked outside spending; $4.1M has no matched result. Neither is cash on hand.

Where the checks went

A company giving straight from its treasury, which super PACs may accept. Each gift is split the way the group that received it split its spending between winners and losers, so a $10M check to a group that spent 80% on losers counts as $8M on the losing side.

✓ Backed the winner or attacked the loser ✗ Backed the loser or attacked the winner Result not matched

Group	Gave	Won / lost
Fairshake $58M not allocated to tracked outside spending	$68M	$4.6M / $2.5M
Protect Progress $231K not allocated to tracked outside spending	$2.5M	$2.0M / $0
Defend American Jobs $104K not allocated to tracked outside spending	$2.5M	$2.3M / $0
Future Forward (FF PAC) $111K not allocated to tracked outside spending	$1.0M	$0 / $887K
House Majority PAC $124K not allocated to tracked outside spending	$500K	$196K / $168K
Congressional Leadership Fund $56K not allocated to tracked outside spending	$500K	$247K / $191K
Senate Leadership Fund $151K not allocated to tracked outside spending	$500K	$248K / $100K
Bold America $2K not allocated to tracked outside spending	$10K	$4K / $960

The trail

What the money bought

The candidates Coinbase's money was spent for or against, pro-rated by Coinbase's share of each group's funding.

Candidate	Race	Spending	Their share	Paid off?
Katherine Porter	California Senate (primary)	Attacking	$2.6M	Unknown
Bernard F. Moreno	Ohio Senate	Supporting	$1.7M	✓ Yes
Kamala Harris	President	Supporting	$886K	✗ No
Michelle Steel	California 45th District	Supporting	$736K	✗ No
Elissa Slotkin	Michigan Senate	Supporting	$660K	✓ Yes
Ruben Gallego	Arizona Senate	Supporting	$660K	✓ Yes
Don Davis	North Carolina 1st District	Supporting	$580K	✓ Yes
Yadira Caraveo	Colorado 8th District	Supporting	$579K	✗ No
Jamaal Bowman	New York 16th District (primary)	Attacking	$547K	Unknown
Pat Ryan	New York 18th District	Supporting	$524K	✓ Yes
Mary S. Peltola	Alaska at-large House seat	Supporting	$508K	✗ No
Young Kim	California 40th District	Supporting	$478K	✓ Yes

Company as classified from the FEC entity type and public reporting.

Questions people ask

How much did Coinbase spend on the 2024 elections, and did it win?: Coinbase gave $76M to super PACs and other outside groups in the 2024 federal elections, and 52% of it helped Democrats (FEC filings with varying coverage dates; the most common larger-campaign cutoff is Dec 31, 2024). Among dollars with a matched election-stage result, 71% were on the winning side ($9.5M won, $3.8M lost). $4.1M had no matched result and is excluded.
Which super PACs did Coinbase fund in 2024?: Fairshake ($68M), Protect Progress ($2.5M), Defend American Jobs ($2.5M), Future Forward (FF PAC) ($1.0M), House Majority PAC ($500K).
Which candidates did Coinbase's money end up backing or attacking in 2024?: against Katherine Porter (California Senate, about $2.6M, unknown); for Bernard F. Moreno (Ohio Senate, about $1.7M, won); for Kamala Harris (President, about $886K, lost). Amounts are the donor's share of each group's spending.