Pro-Crypto Org is supporting Andrew Cuomo for NYC Mayor as the election approaches
Innovate NY, a self-described “pro-digital assets” political organization that was funded with nearly $100,000 in the lead-up to the New York City mayoral election, has endorsed independent candidate and former state governor Andrew Cuomo.
In a notice on Tuesday, NY updated promoted Cuomo for mayor, race already in the middle of early voting. The political group cited an agenda that included “blockchain, tokenization, public benefit stablecoins, and artificial intelligence.”
The organization, which is registered as an independent spender with the New York City Campaign Finance Board, has been funded with $99,500 from six individuals through two companies as of Wednesday.
According to spending records, Innovate NY spent $30,000 on a flyer to support Cuomo and oppose Democratic candidate Zohran Mamdani, who is currently Topping many polls against the former governor of New York.
The New York City mayoral race has drawn attention from many in the crypto industry because of its potential impact on companies that operate in the largest hub of the US economy. Voters will choose between frontrunners Mamdani, Cuomo and Republican candidate Curtis Sliwa on November 4.
Related: NYC Mayor establishes digital assets and blockchain office
In the final weeks of his campaign, Cuomo make a push to crypto-minded voters, promising to set up an innovation council with advisory committees for Crypto, AI and Biotech if elected. Mamdani, who is leading in the polls against Cuomo, has largely avoided making digital assets part of her campaign and has instead focused on cost-of-living concerns, including child care and affordable housing.
Final push by Mayor Eric Adams
Eric Adams, who has served as mayor of New York City since 2022, has taken a significant step toward advocating for crypto and blockchain policies in his final year in office.
While Mayor, he hosted a Crypto Summit, established a Digital Advisory Council, called on the city to create bonds backed by Bitcoin and recently signed an executive order to establish a digital assets and blockchain office.
https://www.youtube.com/watch?v=WGHCN7DE9LG
Adams announced in September That he will not run for reelection after first campaigning and receiving support from crypto entrepreneur Brock Pierce. Whoever wins the mayoral race will take over from Adams on January 1, 2026.
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