Adrian Boafo, a Maryland state delegate, won the Democratic primary on Tuesday, according to AP, with backing from the Protect Progress crypto PAC. Protect Progress, a super PAC associated with Fairshake, spent $5.5 million on the race according to Federal Election Commission filings. The victory represents a significant win for pro-crypto political groups seeking to elect cryptocurrency-friendly candidates to Congress during the 2026 election cycle.
Protect Progress Spent $5.5 Million Supporting Boafo Campaign
Protect Progress poured $5.5 million into the race, which largely benefited Boafo, according to a Federal Election Commission filing. Outside groups spent roughly $8.8 million in support of Boafo's campaign as of June 3, Maryland Matters reported. The spending included $1.9 million from Protect Progress and $1.5 million from the United Democracy Project, a super PAC affiliated with the American Israel Public Affairs Committee.
Boafo's Oracle Background Attracted Tech-Focused PAC Support
Boafo's background as a former federal lobbyist for Oracle may have helped attract support from crypto- and tech-focused PACs. Oracle is a cloud infrastructure provider whose services are used by crypto exchanges and DeFi projects.
"We went big and we went early," Geoff Vetter, a spokesperson for Fairshake, told The Block in a statement. "We did our part to move Adrian Boafo from fifth place to the halls of Congress. He is poised to be a leader in the largest pro-crypto Congress in history."
Dan Goldman Lost New York Primary to Brad Lander
Crypto-friendly incumbent Rep. Dan Goldman lost the primary in New York to Brad Lander on Tuesday. Goldman voted in favor of the GENIUS Act and the Clarity Act when the House passed the two crypto-related bills last year.
Last month, pro-crypto Rep. Christian Menefee unseated Rep. Al Green in the Democratic primary runoff in Texas following endorsements from crypto super PACs.
Crypto PACs Raised $188.9 Million in 2026 Election Cycle
According to The Block's data dashboard, Fairshake and other crypto-focused PACs raised $188.9 million during the 2026 election cycle so far, compared with $359.4 million raised throughout the 2024 cycle.
FAQ
What happened in the Maryland Democratic primary on Tuesday?
Adrian Boafo won the Maryland Democratic primary on Tuesday with backing from Protect Progress, a crypto-focused super PAC associated with Fairshake, according to AP.
How much money did crypto PACs spend supporting Adrian Boafo?
Protect Progress spent $5.5 million on the race according to Federal Election Commission filings, and outside groups spent roughly $8.8 million in total supporting Boafo's campaign as of June 3, as reported by Maryland Matters.
Why is Adrian Boafo's background significant to crypto PAC support?
Boafo is a former federal lobbyist for Oracle, a cloud infrastructure provider whose services are used by crypto exchanges and DeFi projects, which may have helped attract support from crypto- and tech-focused PACs.
