The Fellowship PAC, a political action committee established in August to advance pro-cryptocurrency policies, has announced a substantial fundraising milestone, securing over $100 million in contributions. The funds, sourced from undisclosed donors, are earmarked to support candidates who advocate for a forward-thinking digital asset strategy aligned with the White House’s broader objectives for the sector. This significant financial backing underscores growing institutional and private interest in shaping regulatory and legislative frameworks favorable to cryptocurrencies and blockchain innovation. The PAC aims to influence upcoming elections by endorsing and financing campaigns of lawmakers committed to fostering a competitive and secure digital economy. This move reflects escalating efforts by crypto advocates to gain stronger representation in government, ensuring that policymaking evolves in tandem with technological advancements. The Fellowship PAC’s war chest positions it as a major player in political advocacy for the industry, potentially altering the landscape of crypto-related legislation and regulatory discussions in the United States.
