The newly registered Super Political Action Committee (Super PAC) Fellowship PAC announced on September 15 that it has invested more than $100 million in supporting candidates who promote transparency, digital asset innovation and entrepreneurship.
According to the statement, the Fellowship PAC holds the position as a Pro-Faculty Committee designed to maintain the US global leadership in digital assets.
Groups registered with the Federal Election Commission under ID C00915181 emphasize trust and accountability as their differentiators. Its mission is to coordinate the interests of crypto entrepreneurs, investors and policymakers while strengthening America’s role in shaping the future of blockchain-based finance and entrepreneurship.
The PAC said it will focus on supporting candidates who commit to transparent and predictable digital asset rules, protecting the competitiveness of technology and providing regulatory clarity to prevent talent and businesses from moving offshore. This type of political committee cannot directly coordinate with candidates or parties, but can raise and spend unlimited amounts on independent spending.
There have been several crypto-centric PACs that have been released over the past few months. One of the largest encrypted super PACs, Fairshake raised over $100 million over the entire 2024 cycle with support from Coinbase, Ripple and various venture companies. In August, Politico reported that Cameron and Tyler Winklevoss contributed millions of people to the Digital Freedom Fund PAC.
It is unclear who is behind the new PAC. The Fellowship PAC did not reply to requests for comment by the time of publication.
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