A16z Donates $25 million to Crypto Lobby Fairshake

A16z donated $25 million to the crypto lobby Fairshake. This made a16z and Ripple major backers of Fairshake and its affiliates. The two companies each invested nearly $50 million.
In addition, according to Fairshake's latest federal filing, most of the commission's cash remains unspent, but the specific purpose of its use has not been disclosed.