Svmuu News Cantor Fitzgerald has donated $10 million to the pro-crypto political action committee Fellowship PAC, which is chaired by Tether U.S. executive Jesse Spiro.
Fellowship PAC, established in 2025, has secured over $100 million in pledged funding and aims to support candidates who advocate for digital asset-friendly regulation. The organization has previously spent over $1 million on advertising support in multiple elections.
Cantor has a close relationship with Tether, having provided custody services for its stablecoin reserves since 2021. This donation further strengthens their collaboration at the policy level.
In addition to Cantor, institutions such as Anchorage Digital have also participated in the donations. Industry insiders believe that as regulatory battles intensify, the crypto industry is continuously increasing its political investment in Washington to push for a clearer and more enforceable regulatory framework.