Fellowship, a new political action committee supporting “U.S. cryptocurrency supporters”, has raised $100 million
Source: PANews
Time: 2025-09-16 08:56:12
PANews September 16th news, according to Cointelegraph, a new political action committee focused on supporting the United States’ “candidates who support innovation and support cryptocurrencies” has officially launched with $100 million in funds. On Monday, the Fellowship Political Action Committee issued a statement on X platform saying that it had raised "more than $100 million" from anonymous sources as part of its support for the Trump administration's strategic move to digital assets. The PAC said it aims to support specific candidates for federal public office and prevent “talent and entrepreneur outflows” from U.S. cryptocurrency companies by helping clarify regulatory rules. Sources said the PAC did not see evidence of "Coinbase's involvement".