. >> coinbase brian armstrong says his company is looking to push out anti-crypto politicians from congressuart: this is an ashley story, did you hear that. trying to push out anti-crypto politicians what is the story. >> he is going to do it with a little bit of this, $25 million to the procrit go super pack, large crypto companies betting big on crypto candidates, fair shake is among the top five larger super pacs this election cycle and has up to 160 million in its coffers, that is a lot, it primarily uses the funding for ad campaigns in early spent $34 million supporting pro crypto candidates running in key house in senate races, coinbase ceo brian armstrong says the best way to get regulatory clarity is to elect pro crypto candidates on both sides of the aisle, a lot of cash. stuart: here comes the money, coming up oral arguments have started in missouri's lawsuit against the biden administration student loan handout, the attorney general andrew bailey will give us the latest on the lawsuit, president biden will hold his first campaign event since trump's guilty verdict in the near cri

kate rooney is with coinbase ceo brian armstrong. kate, take it away. >> thank you so much.re. this is very much a wall street crowd. there's a lot of suits here. i do want to start with kind of the temperature from financial institutions. what are you hearing in terms of the demand and the acceptance of crypto from this crowd? >> yeah. we're here at the state of crypto summit, the second one that coinbase has hosted. the vibe is good here. 56% of the fortune 500 are doing something on chain. when we survey executives from the companies. the biggest companies in the world, whether it's black rock, jpmorgan doing things on chain, google cloud is accepting crypto payments. so i think crypto is here to stay, and the biggest companies in the world are all integrating it. >> what has the demand been beyond bitcoin? there's a general acceptance that bitcoin is the oldest, might be the most stable. is there demand for the other trillion dollar assets out there, or is it still a reputational risk? >> the bitcoin etfs got approved, and bitcoin is the original crypto asset. so i think