Winklevoss PAC moves into Texas Senate race with $81K ad buy
While crypto-aligned PACs have stepped up spending in Ohio, a committee launched by the co-founders of crypto exchange Gemini made one of its first forays into the Lone Star State.
While crypto-aligned PACs have stepped up spending in Ohio, a committee launched by the co-founders of crypto exchange Gemini made one of its first forays into the Lone Star State.
Digital Freedom Fund, the Super political action committee (PAC) launched by Gemini co-founders Cameron and Tyler Winklevoss in 2025, announced additional expenditures for US Senate races in the 2026 midterm elections, attempting to influence voters in Texas, Iowa and Ohio.
In a Tuesday filing with the US Federal Election Commission (FEC), the Digital Freedom Fund reported its first spending on ads to support Republican candidate Ken Paxton for one of Texas’ Senate seats. According to the PAC, it had spent more than $81,000 on direct mail media to support Paxton and oppose Democratic candidate James Talarico, with early voting having already begun in the state.
Paxton already benefitted from $500,000 in supportive ads ahead of the May Republican primary, in which he defeated incumbent Senator John Cornyn. The ads, funded by the Anchorage Digital- and Cantor Fitzgerald-backed Fellowship PAC, went through the Nxum Group, a marketing company co-founded by Bo Hines, a former crypto adviser to US President Donald Trump who became CEO of Tether US after leaving the White House.