Cantor Fitzgerald has donated $10 million to Fellowship PAC, a pro-digital asset regulation group led by Tether’s Jesse Spiro. The PAC has raised over $100 million and spent more than $1 million on advertising. Crypto asset classification remains a key focus as the group advocates for favorable policies. Cantor has partnered with Tether since 2021 to manage stablecoin reserves. Other firms, including Anchorage Digital, have also supported the PAC.

ME News reports that on April 16 (UTC+8), Cantor Fitzgerald donated $10 million to the Fellowship PAC, a political action committee supporting the crypto industry, chaired by Jesse Spiro, a U.S. executive at Tether. Founded in 2025, the Fellowship PAC has secured over $100 million in pledged funding to support candidates advocating for favorable regulation of digital assets. The organization has previously spent over $1 million on advertising campaigns in multiple elections. Cantor has close ties with Tether, having provided custody services for its stablecoin reserves since 2021; this donation further strengthens their policy-level collaboration. In addition to Cantor, institutions such as Anchorage Digital have also contributed. Industry observers believe that as regulatory tensions intensify, the crypto sector is increasingly increasing its political investments in Washington to secure clearer and more enforceable regulatory frameworks. (Source: ODAILY)Source:Show originalDisclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.