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Several of the world’s largest cryptocurrency firms have organized a political war chest of more than $160 million they plan to deploy this year in support of candidates who favor “light touch” industry regulations — and Republicans stand to benefit most, experts tell The Post.

Cryptocurrency companies’ spending on lobbying and government relations hit a new high of $24.7 million in 2023, according to the Securities and Exchange Commission.

Another $5.6 million has already been spent in 2024’s first quarter — a sum expected to more than quintuple by November. 

The two largest spenders are Coinbase, a popular crypto-exchange platform, and the Blockchain Association, a nonprofit that lobbies legislators at both the state and federal levels.