Crypto exchange Exodus supports election day voting with a $1.3M donation to crypto advocacy group

The Exodus crypto exchange donated $1.3M to Stand With Crypto to support education and mobilizing efforts on election day in the upcoming U.S. November elections. According to the Stand With Crypto official website, the Exodus donation brought the total donations to $2.79M, and the Fairshake pro-crypto super PAC received $177.88M this election cycle.   

The crypto advocacy group asserted that this year’s election would be critical to the future of crypto. The SWC website revealed that the group had endorsed 21 candidates. It also suggested that Republican Senator Cynthia Lummis from Wyoming, Republican Congressperson Tom Emmer Jr. from Minnesota, Democratic Congresswoman Yadira Caraveo from Colorado, and  Democratic Congressperson Dean Phillips from Minnesota were strongly pro-crypto. 

According to the SWC website, President Joe Biden, Democratic Senator Mark Warner from Virginia, Democratic Senator Elizabeth Warren from Massachusetts, and Democratic Congressperson Brad Sherman from California were ‘somewhat’ or ‘strongly’ anti-crypto.

Exodus contributes $1.3M to boost election-day voter turnout 

Exodus is proud to announce our $1.3 million commitment to #StandWithCrypto 🛡️

This will help support their mission of educating and mobilizing crypto voters around the country. pic.twitter.com/zIgyo0bkjR

— Exodus (@exodus_io) September 24, 2024

On September 24, Exodus reported the donation of $1.3 million to crypto advocates Stand With Crypto to support the group’s mission of mobilizing and educating crypto voters ahead of the U.S. elections in November. According to the SWC website, the crypto advocacy group had organized the ‘America Loves Crypto Tour’ in Phoenix, Arizona (Sep 4th), Las Vegas, NV (Sep 5th), Detroit, Michigan (Sep 12th), Milwaukee Winsconsin (Sep 13th), Philadelphia Pennsylvania (Sep 16th), and Washington DC (Sep 18th).

SWC declared that Arizona would be a key state this election cycle with over 700K crypto owners and more than 27K SWC advocates, and Nevada had 385K crypto owners and more than 16K SWC advocates, meaning that crypto voters could make a difference this election. According to SWC, advocates in Milwaukee used the SWC voter registration tool to check their voter registration status, bringing the total number of advocates who had used the tool since the tour kick-off to 17.5K.    

Crypto voters could determine the November election outcome

John Anzalone, the former Biden pollster, reportedly said that the crypto block could determine an incredibly close contest. He added that crypto could be an important ‘swing universe.’ Logan Dobson, SWC’s executive director, disclosed that the SWC was ready to convert 1.3 million of its bipartisan advocates into key swing states’ decision-makers. 

Dobson claimed that recent polls had revealed that crypto voters would be the difference in battleground states as they supported pro-crypto candidates. 

The SWC affirmed that there were 52 million crypto owners across the U.S., and approximately 4 million were in five key swing states: PA, WI, AZ, MI, and NV. The crypto advocacy group confirmed that crypto owners in the five swing states were likely to be under 35 years old and bipartisan (39% Dem vs 44% Rep). 

SWC also claimed that ⅔ of the crypto-owning voters were enthusiastic about electing candidates who supported crypto.

Dobson disclosed that five state chapter presidents were appointed in the battleground states of Ohio, Georgia, Wisconsin, Pennsylvania, and Arizona to help crypto voters ‘cross the finish line.’