The Fellowship PAC raised over $100 million to support pro-cryptocurrency candidates

ChainCatcher news, the newly established independent political action committee The Fellowship PAC announced that it has raised over $100 million to support pro-innovation, pro-cryptocurrency candidates, aiming to maintain the United States' leadership in the global digital assets and entrepreneurship sectors.

The Fellowship PAC stated that its mission is built on the unprecedented momentum created by innovators, entrepreneurs, and investors, emphasizing transparency and trust as its core differentiators, ensuring that political actions directly support the broader crypto ecosystem rather than narrow or personal interests. In the context of the Trump administration's push to establish a regulatory framework, the organization is committed to making the U.S. a global cryptocurrency hub.

The Fellowship PAC will focus on supporting candidates committed to providing transparent and predictable rules for digital assets, protecting the U.S.'s global competitive advantage in technology and entrepreneurship, and preventing the ongoing brain drain of talent and entrepreneurs to overseas markets. As an independent expenditure committee (super PAC), the organization does not coordinate with candidates or parties, and its goal is to ensure that the U.S. continues to maintain its global leadership in crypto and innovation through transparent, ecosystem-wide support.