A political action committee aligned with the cryptocurrency industry has donated millions to support Adrian Boafo’s campaign for Maryland’s House Democratic primary, according to a report published on Sunday.

Maryland Primary Has Crypto Inc Getting Involved

Protect Progress, a group that claims to support Democratic candidates committed to establishing a clear cryptocurrency framework in the U.S., spent more than $5.5 million to boost Boafo’s campaign, reported The Washington Post.

Boafo is the former campaign manager and “chosen successor” of Rep. Steny Hoyer (D-Md.), who is set to retire at the end of his term in January 2027 from Maryland’s 5th Congressional District.

During his tenure as a member of the Maryland House of Delegates, Boafo introduced a bill aimed at protecting cryptocurrency from state-level regulation and advocated for a law to examine policies beneficial to the industry, the report stated.

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Boafo Frontrunner On Prediction Markets

The candidates running against Boafo have come together to criticize the large sums of money pouring into the campaign. Rushern Baker, a former Prince George’s County executive, said that “special interests” do not spend that kind of money expecting nothing in return.

Boafo didn’t immediately return Benzinga’s request for comment. A response from Protect Progress is also awaited.

The primary elections will take place on Monday. As of this writing, Boafo is the favorite to win if on Polygon (CRYPTO: POL)-based Polymarket.

Crypto PACs Mobilize

Protect Progress spent a total of $34.535 million backing Democratic candidates in the 2024 federal elections, according to Open Secrets.

Some of the biggest names in cryptocurrency funded its war chest, including Coinbase with a $2.5 million contribution and Ripple with $1.5 million.

Coinbase has been a significant contributor to PACs supporting cryptocurrency-friendly candidates. CEO Brian Armstrong personally donated $1 million to Fairshake, while Coinbase contributed an additional $24.5 million.

Fairshake has raised $85 million, according to a May report, with Armstrong and Coinbase accounting for roughly one-third of the total. 

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