PANews reported on April 16th, citing CoinDesk, that the Sentinel Action Fund, a conservative political action committee (PAC) backed by the Solana Policy Institute, has pledged $8 million to support Ohio Senate candidate Jon Husted in an effort to prevent former Senator and crypto skeptic Sherrod Brown from returning to the Senate. This super PAC is partly funded by the Solana Policy Institute and crypto venture capital firm Multicoin Capital, as well as figures from the financial world including Stephen Schwarzman, CEO of Blackstone Group; Ken Fisher of Fisher Investments; Cliff Asness, co-founder of AQR Capital; and Paul Singer, co-CEO of hedge fund Elliott Management. However, the PAC's primary donor is Townsend Six Corp., a nonprofit organization founded in late 2024, which provided $8 million from an anonymous donor. The Solana Policy Institute donated $750,000 to the Sentinel Action Fund, which also donated $2 million to the Republican PAC and $1.5 million to the Democratic PAC at the congressional level.