Summary
- Cameron and Tyler Winklevoss contributed over $21 million in Bitcoin to establish the Digital Freedom Fund, a pro-crypto PAC.
- Unlike many crypto PACs striving for nonpartisanship, the twins made it clear their PAC will support Republicans, oppose Democrats, and endorse Trump’s crypto vision in the 2026 midterms.
- The PAC aims to advocate for a lightly regulated crypto market structure, prevent a U.S. central bank digital currency (CBDC), and safeguard software developers.
Cameron and Tyler Winklevoss announced on Wednesday that they have donated over $21 million worth of Bitcoin to a new pro-crypto PAC, which they proudly declared will primarily focus on defeating Democrats and supporting Republicans in the 2026 midterms.
“We will identify and support champions of President Trump’s crypto agenda in primary races and the midterm elections,” Tyler Winklevoss stated. “If the Republicans lose either the House or Senate in the midterms […] then Democrats will have power to hinder and interfere with President Trump’s agenda.”
The PAC, named the Digital Freedom Fund, will prioritize the support of President Donald Trump’s crypto agenda, as noted by the brothers. They have kick-started the initiative with a donation of 188.4547 BTC—worth approximately $21.5 million at the time of writing.
Today, @cameron and I donated $21 million in bitcoin (188.4547 BTC) to the Digital Freedom Fund PAC. The mission of the @FreedomFundPAC is to help realize President Trump’s vision of making America the crypto capital of the world. Since inauguration, @POTUS and his Administration…
— Tyler Winklevoss (@tyler) August 20, 2025
The openly partisan stance from the Gemini co-founders may not be surprising given their enthusiastic support for the president’s campaign in mid-2024, well ahead of other industry leaders.
In contrast, most other pro-crypto political spending groups have been careful to at least appear nonpartisan.
In 2024, major donors to Fairshake, the $300 million crypto super PAC giant, faced what they considered a challenging choice to back certain pro-crypto Democrats over consistently supportive Republican candidates, aiming to avoid making crypto a partisan issue.
Currently, as leaders of crypto’s most influential companies compliment the Trump administration and socialize with the president’s advisors, they continue to frame their lobbying efforts as notably politically neutral.
However, the Winklevoss twins are adopting a different strategy heading into the 2026 midterms.
They do assert that their new political spending entity will concentrate on crypto policy issues, including promoting a “skinny” crypto market structure bill that imposes minimal regulations on the sector, prohibiting an American central bank digital currency, or CBDC, and legally protecting software developers.
Nevertheless, the brothers explicitly indicated on Wednesday that they believe defeating Democrats in the upcoming midterms is essential to achieving these goals.
“We know from their past actions that they will resort to any underhanded tactics and strategies (e.g., unfounded impeachments, legal maneuvering, etc.) to obstruct the president,” Tyler Winklevoss stated regarding the Democratic Party, should it reclaim control of either legislative chamber next year.
“We aspire for the American Golden Age, and we are prepared to fight for it,” he continued. “And we don’t just want another year of it; we want three more years of it.”
Daily Debrief Newsletter
Receive a daily summary of the top news stories, along with original features, a podcast, videos, and more.