TLDR
- Sentinel Action Fund and Right Vote plan $8 million to support Jon Husted in Ohio.
- The Solana Institute has given Sentinel $750,000, while Multicoin Capital added $250,000.
- Husted has backed crypto policy and called for a “pro-innovation framework for digital assets.”
- Sherrod Brown has pushed tighter crypto rules and warned about terrorism and sanctions evasion.
- Fairshake said in January it had $193 million for pro-crypto candidates in the 2026 midterms.
A Solana Institute-backed super PAC is putting more money into Ohio’s Senate race. Sentinel Action Fund said it will spend $8 million with Right Vote to support Jon Husted against Sherrod Brown. The move adds another crypto-funded effort to shape the 2026 midterm map. It also sets up a clear clash over crypto policy in the race.
Sentinel and Right Vote expand Ohio spending
Sentinel announced the new spending plan on Wednesday. It said the money will be used alongside its sister advocacy group, Right Vote. The group said the effort will support Husted in the November race. The announcement places Ohio among the key Senate contests for crypto-backed campaign groups.
Jessica Anderson, Sentinel’s president, said Brown has blocked policies tied to digital assets. She said Brown “has stood in the way of pro-innovation policies when it comes to digital assets.” Brown has long pushed tighter crypto oversight and warned about terrorism financing and sanctions evasion.
Husted has taken a different line on digital assets. In a public statement, he called for a “pro-innovation framework for digital assets.” He also said the technology could be the “next wave of economic opportunity for working families.” Those remarks have helped him draw support from crypto-backed political groups.
Solana Institute and Multicoin back the PAC
Federal Election Commission records show funding from major crypto and finance donors. The Solana Institute has given Sentinel $750,000 so far. Multicoin Capital, a crypto venture firm, has contributed $250,000. Those filings offer an early look at who is financing the Ohio push.
Sentinel has also drawn support from prominent Wall Street figures. FEC filings list Blackstone CEO Stephen Schwarzman among its donors. They also show Fisher Investments Chairman Kenneth Fisher as a contributor. The filings show backing from crypto donors and finance leaders.
Husted is the third candidate to receive Sentinel’s support in the 2026 cycle. The group already backed Maine Senator Susan Collins for reelection. It also endorsed Michigan Republican Mike Rogers in his Senate bid. All three candidates have been presented as friendly to crypto policy goals.
Crypto money keeps growing in Senate races
Crypto super PACs have become more active in federal races. Fairshake spent $12 million in 2024 to support Republican Bernie Moreno in Ohio. Moreno later defeated Brown in that race. Their spending has changed how digital asset policy appears in campaign advertising.
Fairshake said in January that it had raised $193 million for the 2026 midterms. The group is backed by crypto firms such as Coinbase and a16z. That total shows the scale of money now set aside for Senate and House races. The cash gives the industry a large campaign fund ahead of November.
Other political groups are also raising money around crypto policy. Cantor Fitzgerald gave $10 million to the Fellowship PAC, according to an FEC filing. Earlier this month, the PAC named Tether U.S. executive Jesse Spiro as chairman. The new donations show crypto policy remains part of campaign fundraising.
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