Gemini · US Senate · Federal Reserve (FED) · Republicans · Cointelegraph
Winklevoss PAC moves into Texas Senate race with $81K ad buy
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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.
Key facts
- 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
- The Winklevoss-backed Super PAC, which reported raising about $34 million as of Sept. 30, did not limit its spending to Texas, reporting involvement in other key midterm election races using ads
- FEC filings showed that Elon Musk, the world’s richest person and founder of SpaceX, had poured more than $150 million into the Senate Leadership Fund
- Paxton already benefitted from $500,000 in supportive ads ahead of the May Republican primary, in which he defeated incumbent Senator John Cornyn
Summary
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. The Winklevoss-backed Super PAC, which reported raising about $34 million as of Sept. 30, did not limit its spending to Texas, reporting involvement in other key midterm election races using ads.