Fellowship PAC Launches With $100M to Advance Crypto Policy Goals

Crypto again takes the stage in Washington with the launch of the Fellowship PAC, a new Super Political Action Committee that says it has drawn up more than $ 100 million to support candidates for Pro-Trump.

A document from the federal election committee confirms that the committee has submitted his Organization -Statement on August 7, but only on Monday that the committee publicly announced His formation. The New York Times First reported The news.

“Transparency and trust is our differentiator,” the committee said in a statement, adding that the PAC corresponds to the interests of crypto entrepreneurs, policy makers and the public, in addition to the broader goal of being in charge of “digital assets and entrepreneurship.”

However, it is worth noting that the Fellowship PAC has only submitted its registration paper so far. The gap between promised money and official reports leaves questions about how much cash the PAC actually received.

According to the submission, no contributions or expenditures have been reported, whereby the PAC is designated as an “independent expenditure for political committee only”.

Representatives of the committee did not return immediately Decrypts Request for comments on this point.

The Fellowship PAC outlines a mission to protect the role of America as the world leader in digital assets and entrepreneurship.

The explained focus includes supporting candidates who support predictable rules for crypto, protect the competitiveness of the nation in technology and prevent the flight of talent abroad.

The rise of the Fellowship PAC comes as legislators several crypto-related accounts weigh on Capitol Hill, including those on market structurewhile supervisors continue to insist strict supervision From digital assets.

The timing suggests that the industry is preparing to defend its position on the way to the Mid -Terms of 2026, when the control of both rooms is disputed.

Political action committees that are tailored to the crypto industry, have steadily expanded their footprint in American elections, according to a November election at least $ 119 million poured out in the 2024 cycle, according to a study from public citizen.

As the polls closed, the total was surpassed $ 300 millionAccording to a DC insider who told it Decrypt The moment many other industries are likely to note what the crypto industry has achieved.