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The Fellowship PAC made headlines today after announcing over $100 million in funding for pro-innovation candidates ahead of the United States midterm elections.  Operating independently from Fairshake, this political action committee announced a stated mission to safeguard America’s global competitive edge in the cryptocurrency sector.  Sponsored Sponsored A New Crypto Player in Politics The Fellowship PAC, a new independent expenditure committee, announced today that it has pledged over $100 million to support pro-crypto and pro-innovation candidates. According to its press release on X, the new Fellowship PAC aims to stand out from other pro-crypto groups like Fairshake and affiliates like Defend American Jobs and Protect Progress by focusing on openness and transparency. Introducing The Fellowship PAC: launching with $100M+ committed to back pro-innovation, pro-crypto candidates—and keep America #1 in digital assets & entrepreneurship. Built on transparency and trust. pic.twitter.com/okvfcMqgJK — Fellowship PAC (@Fellowship_PAC) September 15, 2025 “The Fellowship PAC represents the next step in the industry’s evolution-building on the unprecedented momentum that innovators, entrepreneurs, and investors have already created. Unlike past political efforts, the Fellowship PAC’s mission is defined by transparency and trust, ensuring political action directly supports the broader ecosystem rather than narrow or individual interests,” the release read.  Despite its statements, Fellowship has not yet disclosed who is behind its launch or its major backers.  What is certain, however, is that crypto lobbying is becoming increasingly intertwined in American politics. Crypto’s Growing Political Momentum Sponsored Sponsored Crypto lobbying had a historic impact on the 2024 US federal elections. According to OpenSecrets, Fairshake—the industry’s leading super PAC—raised over $260 million and spent $195 million to help elect pro-crypto lawmakers. Total raised and spent by Fairshake PAC in the 2024 election cycle. Source: OpenSecrets. The PAC’s external spending reached over $40 million last year and significantly swayed elections. This contributed…

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Filed under: News - @ September 16, 2025 12:27 am