Fellowship PAC Receives Large Contribution Amid Endorsements for Republican Candidates

The Fellowship political action committee (PAC) has made its presence known in the crypto industry, particularly in the realm of lobbying. Recent disclosure filings have revealed that the PAC received a significant contribution from Cantor Fitzgerald, totaling $10 million.

This development raises eyebrows due to Cantor's close connection with US Commerce Secretary Howard Lutnick. Before assuming office, Lutnick transferred leadership of his financial services firm to his sons.

In addition to the Cantor donation, Fellowship also received $1 million from Anchorage Digital, a US-based institutional crypto platform. This marks one of the PAC's first public moves since its formation in September.