A new political action committee (PAC) is dedicated to supporting “pro-innovation, pro-crypto candidates” in the United States launched with $ 100 million.
On a Monday X post, the Fellowship Pac Says It launched “with over $ 100 million” from unnamed resources as part of efforts to support the Digital Asset approach of the Trump administration.
The PAC said that aimed at supporting specific candidates for the federal office and avoiding a “talent and talent release” from US crypto companies by helping to provide clarity in regulation.
“This PAC is designed to align the interests of crypto entrepreneurs, policy manufacturers, and the public, ensuring trust and responsibility as we continue to develop the ecosystem,” Fellowship said. “It’s not the end – just the beginning. There’s more to come.”
The Super PAC, which is dedicated to promoting crypto policies through the potential that influences important US elections in the House of Representative and Senate, is one of many interest -supported digital groups.
In 2024, Fairshake PAC, a committee that is backing through contributions from Coinbase and Ripple Labs, Spend more than $ 130 million In Congress racing ads – purchases that may influence election results.
Related: Crypto companies doubled in influence on US elections by PACS in 2026
The fellowship PAC Filed A statement by the organization to the US Federal Election Commission (FEC) on August 7 and no contributions or expenditure were reported until Monday.
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Preliminary reports said Coinbase and Gemini co-founders Cameron and Tyler Winklevoss contributed to PAC’s $ 100 million collection. Cointelegraph is unable to unite to verify those claims.
A fairshake spokesman Cointelegraph said the PAC has found no evidence that “Coinbase is in it,” and representatives from Coinbase, Gemini, and Fellowship did not respond to requests for comment at the time of publication.
Crypto money is shaking 2026 elections?
In August, the winklevosses contributed more than $ 21 million cost bitcoin (Btc) at PAC, which is planning to help the President Donald Trump’s crypto agenda by potentially influence the election to keep most of the Republican in Congress.
According to FEC Records, the Digital Freedom Fund PAC, established in July, reported that there were no contributions or expenditures until Monday.
Although the US Midterm election will not be held until November 2026, there are already some significant races in 2025 where money from crypto companies can be a factor.
Democrat James Walkinshaw won a special election For the 11th District of Congress of Virginia on September 9 after the PAC’s Progress Protection, an affiliate fairshake, spent more than $ 1 million supporting him in the main.
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