TLDR
- Fellowship PAC has raised $100 million to back pro-crypto candidates in U.S. elections.
- The PAC aims to protect America’s global advantage in crypto and innovation.
- Fellowship PAC will support candidates advocating for clear regulatory frameworks.
- The PAC is focused on keeping the U.S. as the global hub for digital asset innovation.
A new political action committee (PAC), the Fellowship PAC, has launched with an impressive $100 million commitment to support candidates who champion innovation, crypto, and entrepreneurship. The PAC’s mission is clear: to safeguard America’s position as a leader in digital assets and to ensure the country remains the global hub for crypto innovation.
The Fellowship PAC is an independent-expenditure-only committee, which means it will not coordinate with candidates or political parties. Instead, it will focus on backing individuals who support transparent and predictable regulatory frameworks for digital assets. This move aligns with the broader goal of keeping America at the forefront of digital asset development.
PAC’s Focus on Digital Assets and Innovation
The Fellowship PAC plans to direct its efforts toward candidates who support creating clear regulatory guidelines for the crypto industry. These rules are intended to provide the necessary legal clarity for crypto companies to thrive and operate in the U.S.
According to the PAC’s mission, its focus is on protecting America’s competitive edge in technology and entrepreneurship.
The committee aims to prevent the migration of talent and crypto companies overseas by ensuring that the U.S. remains an attractive environment for innovation. By securing regulatory support for the industry, the PAC hopes to foster an ecosystem that reflects American values of fairness, opportunity, and openness.
Building Momentum in the Political Landscape
The PAC has been established in the context of President Trump’s administration, which has focused on building a regulatory framework to position America as the global leader in digital assets.
Under Trump, efforts were made to streamline regulations and provide clearer guidelines for businesses involved in blockchain and cryptocurrency.
The Fellowship PAC is determined to carry this momentum forward, making sure that the regulatory groundwork laid during Trump’s tenure continues to benefit domestic crypto companies. By aligning political efforts with the broader goals of the crypto industry, the PAC aims to create a strong, sustainable ecosystem in the U.S.
Support for Pro-Crypto Candidates Across the U.S.
The PAC’s focus extends to supporting pro-crypto candidates at various levels of government, including the House of Representatives and the Senate.
While the Fellowship PAC is still in its early stages, it plans to influence key elections in the coming years. By backing candidates who support the future of digital assets, the PAC intends to shape U.S. policy on crypto for the long term.
The PAC has already attracted attention for its ability to mobilize substantial funding. While sources of the $100 million commitment have not been fully disclosed, early reports suggest that influential figures in the crypto industry, including Coinbase and Gemini co-founders Cameron and Tyler Winklevoss, have contributed to the fund. However, these claims remain unverified.
A New Era for Political Action and Digital Assets
The creation of the Fellowship PAC is part of a broader trend of digital asset-backed interest groups in U.S. politics. In previous years, similar organizations have worked to influence elections and support candidates favorable to the cryptocurrency industry. For example, the Fairshake PAC spent millions of dollars in 2024 to promote pro-crypto policies.
The success of the Fellowship PAC will likely depend on its ability to build bipartisan support for its mission. While it currently enjoys strong backing from Republican lawmakers, securing support from other political factions will be crucial for its long-term impact. The PAC’s transparency and trust-building focus will be key in ensuring its efforts resonate with both crypto entrepreneurs and policymakers.
