The funding scale for the cryptocurrency industry in the New Jersey gubernatorial primary has sharply decreased

According to Cointelegraph, the funding scale for the cryptocurrency industry in the New Jersey gubernatorial primary has significantly decreased. Election documents show that only about $4000 in personal donations related to the cryptocurrency industry were received by 12 candidates from both parties, including: $500 donated by MARA Holdings' Vice President of Investor Relations to Democratic candidate Josh Gottheimer; Block analyst donates $900 to Republican candidate Jon Bramnick; Coinbase advisor donates $500 to Democratic candidate Steve Fulop; The CEO of local mining company Decimal Digital Currency donated $2000 to Democratic candidate Ras Baraka. This figure is far lower than the political investment in the crypto industry during the 2024 federal election period - Fairshake PAC alone invested over $130 million in congressional elections. Despite the voter mobilization activities organized by the crypto advocacy group Stand With Crypto, its PAC has not yet funded any gubernatorial candidates. According to AdImpact data, the total expenditure for this primary election exceeded $85 million, setting a state record, but the proportion of cryptocurrency funds was negligible.