#CantorFitzgeraldDonates$10MilliontoCryptoPA
Cantor Fitzgerald has donated $10 million to a pro-crypto political action committee (PAC), highlighting the growing influence of the cryptocurrency industry in U.S. politics.
The contribution was made to Fellowship PAC, a crypto-aligned organization focused on supporting candidates who favor digital asset-friendly regulations. The PAC is reportedly led by a senior executive from Tether and has already raised over $10 million in funding.
This move reflects increasing efforts by major financial institutions to shape the regulatory environment for cryptocurrencies. Cantor Fitzgerald, which has maintained close ties with Tether since 2021, is strengthening its involvement not just in crypto markets but also in policy advocacy.
As regulatory debates intensify in the U.S., the crypto industry is investing heavily in political campaigns to push for clearer and more favorable legislation. This donation is another sign that crypto is becoming a powerful force in both finance and politics.