Solana Policy Institute-backed PAC commits $8M to back Jon Husted, targets Sherrod Brown in Ohio Senate race
first published 2026-04-15T17:52:37Z
Sentinel Action Fund, a conservative pro-crypto Super PAC, endorsed Republican Jon Husted for Ohio’s 2026 U.S. Senate race after reporting roughly $9 million raised (Jan 2025–Mar 2026). Donors include $750,000 from the Solana Policy Institute and $250,000 from Multicoin Capital. Together with sister group Right Vote the PAC pledged to spend more than $8 million in Ohio, though FEC filings show no disbursements to Husted yet. The move reflects how crypto-aligned groups may deploy funding in upcoming elections and notes related Ohio crypto ties such as Vivek Ramaswamy’s gubernatorial bid and prior 2024 crypto PAC spending.
AI Analysis
Sentinel Action Fund publicly endorsed Jon Husted and reported ~$9M raised (Jan 2025–Mar 2026), including specified donations ($750k from Solana Policy Institute, $250k from Multicoin Capital) and a pledged spend of >$8M in Ohio; FEC filings show no disbursements to Husted as of the latest filing. These are factual items indicating increased political spending by crypto-aligned groups but do not report immediate market-moving actions.
Expected Investor Sentiment: Neutral
Potential Market Impact: Significant
Source Articles
- US midterm election mirrors 2024 as crypto pacs move into Ohio races - Cointelegraph
- Crypto's new $11 million PAC booked millions in ads with firm started by Tether US CEO - CoinDesk
- Crypto PAC Fellowship discloses $11M from Cantor Fitzgerald and Anchorage Digital - Cointelegraph
- Solana Policy Institute-backed PAC spends millions to jam Sherrod Brown's Senate run - CoinDesk