Stand With Crypto is running its most ambitious electoral campaign yet in the 2026 US midterm elections. The Coinbase-backed advocacy organization — which mobilized crypto voters in the 2024 general election cycle for the first time — has launched a voter hub, endorsed 32 incumbent congressional candidates, and announced aggressive get-out-the-vote operations targeting Ohio and Pennsylvania as its priority states.

For the RWA tokenization market, which runs directly on the regulatory decisions Congress makes, the midterms are not background noise. They are the mechanism by which the legislative foundation the market currently lacks could be built or further delayed.

What Stand With Crypto Is Doing

Stand With Crypto launched its 2026 campaign in March with a voter hub — a platform that grades every congressional candidate based on their stated positions and voting history on digital asset legislation. The hub mirrors the candidate scorecard the organization ran in 2024, extended now to cover all 435 House seats and 33 Senate seats up for election in November.

In August, Stand With Crypto endorsed 32 incumbent congressional candidates. All 32 had voted to pass the CLARITY Act out of the House of Representatives — the digital asset market structure bill that subsequently failed 49-50 in the Senate in September 2026. The endorsement strategy is explicit: return the House members who voted for CLARITY, and build toward a Senate that can pass it.

The get-out-the-vote effort is operating through paid media across digital and direct mail, SMS outreach, and digital organizing through email and social platforms. Stand With Crypto reports 2.7 million advocates in its network.

What the Polling Shows

Stand With Crypto's own survey of 1,000 crypto owners and advocates in battleground states finds that 59% of crypto owners are swing voters who do not consistently vote for one party. Among Stand With Crypto advocates specifically, that share is 77%. Nearly 80% of crypto owners describe themselves as "almost certain" to vote in the 2026 elections, and more than 75% describe themselves as enthusiastic about voting.

Mason Lynaugh, Stand With Crypto's executive director, described the strategic shift from 2024: "In 2024 we were very much proving that the crypto voter is real. In 2026 we're very much showing that we have the organizing capacity and that our advocates are a true voting bloc that can move the needle."

The organization also notes that it influenced the 2025 New Jersey governor's race — citing Democratic candidate Mikie Sherrill's victory by approximately 450,000 votes as a race where crypto voter turnout was a factor.

Why This Matters for Tokenization

CLARITY's Senate failure is the most direct demonstration of what is at stake. The bill would have created statutory definitions for digital assets — what is a security, what is a commodity — and established registration pathways for digital asset exchanges and brokers. Those statutory definitions would have been durable: not reversible by the next administration's SEC or CFTC, not vulnerable to post-Loper Bright judicial challenges the way administrative rules are.

Without CLARITY, the US tokenization framework is entirely administrative. The SEC's TSV Innovation Exemption is a five-year order. Regulation Crypto Assets, when finalized, will be a rule. Both can be reversed by the next administration. The legislative foundation that would make the US framework genuinely stable does not exist yet, and CLARITY's failure means it will not exist until at least the next congressional term.

Stand With Crypto's strategy — returning CLARITY-voting House members and building Senate support — is the most direct attempt by the crypto industry to address that gap through electoral means. Whether it succeeds depends on November.

Sources

→ Why CLARITY's failure matters — rulemaking vs. legislation explained
→ US Tokenization Regulation Guide — the full post-CLARITY landscape