Crypto PAC Fellowship Discloses $11M from Cantor Fitzgerald and Anchorage

The Fellowship PAC, a crypto-aligned political action committee led by Tether's head of government affairs, has disclosed receiving $11 million in contributions from financial institutions. Specifically, the PAC received $10 million from Cantor Fitzgerald and $1 million from Anchor Labs, the company behind Anchorage Digital. These contributions were made in January 2026. The PAC also reported spending $3 million on "issue advocacy advertising" through Nxum Group, a marketing company co-founded by Bo Hines, who is also the Tether US CEO. This spending occurred alongside the significant contributions. While Fellowship PAC initially claimed over $100 million from undisclosed backers, recent FEC filings detail these specific institutional contributions. The PAC has also reported spending over $1.4 million on media buys supporting Republican candidates in Georgia and candidates in US Senate races in Nebraska and Kentucky. Mitchell Nobel, the PAC's treasurer, also serves as Cantor Fitzgerald's director of digital asset strategy and policy. Anchorage Digital had previously announced plans to make a "meaningful contribution" to a hybrid PAC.

(Source：Cointelegraph)