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Innovate NY, a self-identified \u201cpro-digital assets\u201d political entity financed with approximately $100,000 prior to the New York City mayoral election, has endorsed independent candidate and former state Governor Andrew Cuomo.\u00a0<\/p>\n
In a notice issued on Tuesday, Innovate NY supported<\/a> Cuomo for mayor, with early voting already underway in the contest. The political organization highlighted a platform that encompassed \u201cblockchain, tokenization, public-benefit stablecoins, and artificial intelligence.\u201d\u00a0<\/p>\n The group, registered as an independent spender with the New York City Campaign Finance Board, received $99,500 from six individuals through two firms, as reported on Wednesday. <\/p>\n Expenditure records reveal that Innovate NY allocated $30,000 on a flyer to back Cuomo and counter Democratic contender Zohran Mamdani, who is presently leading in multiple polls<\/a> against the former New York governor. <\/p>\n The mayoral race in New York City has garnered interest from numerous participants in the cryptocurrency sector due to its possible influence on enterprises functioning within the largest economic center in the US. Voters will select between frontrunners Mamdani, Cuomo, and Republican candidate Curtis Sliwa on November 4.<\/p>\n Related: <\/strong><\/em>NYC mayor creates digital assets and blockchain office<\/strong><\/em><\/a><\/p>\n