Cantor Fitzgerald donates $10 million to crypto PAC, the stablecoin camp intensifies political layout

Cantor Fitzgerald donated $10 million to the political action committee Fellowship PAC, which is chaired by Tether's U.S. executive Jesse Spiro.

Fellowship PAC was established in 2025 and has received over $100 million in committed funding, aimed at supporting candidates who promote friendly regulation of digital assets. The organization has previously invested over $1 million in advertising support for multiple elections. Cantor has a close relationship with Tether, having provided custodial services for its stablecoin reserves since 2021, and this donation further strengthens their collaboration on policy matters. In addition to Cantor, institutions like Anchorage Digital have also participated in donations. Industry insiders believe that as the regulatory battle intensifies, the crypto industry is continuously increasing its political investments in Washington to seek a clearer and more enforceable regulatory framework.