Crypto Creeps Into U.S. Politics as Candidates Offer NFTs

Congressional candidates are beginning to break into the world of cryptocurrency by selling non-fungible tokens to help finance their campaigns in the midterm elections.

Democrat Shrina Kurani, an engineer who’s running for a House seat in California, and Republican Blake Masters, who’s vying for the Senate in Arizona, have offered NFTs as incentives for donors, to varying degrees of success.

But these are still the early days of crypto’s push into politics. Few candidates have cashed in on its rise, which includes a 60% gain in Bitcoin’s value in 2021 and an NFT artwork selling for $69.3 million at a ...