Ohio: Crypto, sports betting and other interests target state’s biggest political races with millions in spending

Friday, April 17, 2026 2:34 PM
Photo: Paul Brady Photography/Shutterstock
  • Andrew Tobias, Signal Ohio

Big money is starting to flow into Ohio’s 2026 elections – and it’s coming from some notable places.

A cryptocurrency-backed group announced this week that it plans to spend $8 million opposing Sherrod Brown in Ohio’s U.S. Senate election in November. Brown, a former Democratic senator, is challenging Republican Sen. Jon Husted, whom Gov. Mike DeWine appointed to his seat last year. The spending comes after millions in cryptocurrency industry money helped contribute to Brown’s Senate ouster in November 2024 – and could foreshadow more to come later this year.

Meanwhile, one group backed by the sports betting industry has spent about $1 million on state legislative races so far this year.