Blockchain Leadership Fund Launched to Support US Digital Asset Legislation

A new political action committee (PAC) has emerged to shape digital asset legislation in the US. The Blockchain Leadership Fund (BLF), a hybrid PAC, has secured backing from Anchorage Digital and Chainlink Labs.

Structured as a hybrid PAC, BLF can make direct contributions to candidates and run independent expenditures, giving it two distinct ways to advocate for policymakers who support digital asset policy.

Anchorage Digital, the San Francisco-based firm with the first federally chartered crypto bank license in the US, views political engagement as an extension of its operations. Chainlink Labs cited the market structure bill specifically when explaining its support.