Several Democratic candidates in New Jersey’s tough, contested governor race are openly supporting cryptocurrency. This is a strategy that reflects President Donald Trump’s 2025 playbook and could show a shift in the party’s approach to digital assets.
There are currently several Democratic candidates openly support digital assets. They say Crypto is the future and they want New Jersey to prepare.
At least three of the six Democrats competing for nominations in the June 10 primary — US representatives Mikier Cheryl, Jersey City Mayor Steve Flop and Josh Gottimer have incorporated crypto support into the platform. Cheryl, who currently leads several major polls, said accepting the industry is a practical move for modern policymakers.
Cheryl added that Crypto is one of the planks on her platform, and that it is part of the economy, that she needs to understand space and how to move forward.
Steve Fulop is also jumping on Crypto Bandwagon. Since 2018, he has personally invested in digital assets through Bitcoin and Ether.
Flop says if elected, he will invest a portion of the state pension fund in the encrypted exchange trade fund, as Jersey City did under him.
Another Democrat, looking at codes, is U.S. Rep. Josh Gottimer. He says digital assets can create jobs and support the state’s economy.
Gotheimer said New Jersey has great ability to set the tone for many other states regarding crypto.
He also supported several code-friendly bills, including proposals to regulate stables and make the US more competitive worldwide.
Crypto advocacy groups turn their eyes to politics
Crypto is now not officially a fringe issue in American politics. Big money and large advocacy groups are currently fighting for pro-crypto policies. New Jersey is the latest in its state of affairs.
Coinbase-backed industry advocacy groups Crypto and Stand Stand With Crypto have taken on major democratic and Republican debates in New Jersey this past May. He is also the sole sponsor of the event’s live stream.
The organization aims to expand New Jersey’s grassroots network of over 62,000 members. Internal votes show that 63% of these individuals are willing to support candidates who support digital assets.
Fairshake, one of the largest Crypto-Political Action Committees (PACs), investment Over $194 million in the 2024 election cycle. That goal? Vote for those who support crypto innovation.
Fairshake has not so far contributed to the New Jersey governor’s campaign, but several candidates, like Gottheimer, have received group support in past congressional contests.
Gottheimer I said Its stability is an important part of the growing digital asset ecosystem, underscoring the need for common sense rules to protect Jersey families, in order to invest in digital assets rather than driving these opportunities abroad.
Candidates stand out in major areas that are crowded with ciphers
This year, only two governor races are being held in the United States. One will take place in New Jersey and the other will take place in Virginia. In New Jersey, 11 candidates are fighting to replace Democratic Gov. Phil Murphy, who is on a limited time limit.
Crypto is not a matter of priorities, but it becomes a mechanism for candidates to distinguish themselves in crowded areas. Voters are concerned about the mass transport, housing and impact of President Donald Trump, who made Crypto a centre of his 2024 campaign.
The lace remains wide open. A poll by Rutgers Eagleton in April found that about a third of voters are still undecided.
Republican frontrunner Jack Ciattarelli has yet to take the public stance on digital assets. Meanwhile, Mario Clanjack, former mayor of the cliffs in Inglewood and a Republican on the line with Trump, said he is a fan of digital currency, but they are not the focus of his campaign. He said that as far as crypto is concerned, the industry wasn’t there yet, but that was something they were looking at very strongly.
On the democratic side, frontrunner Mikier Cheryl offered more cautious support, saying Democrats shouldn’t reject the code just because Republicans support it.
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