Cantor Fitzgerald, a prominent financial services firm, has made a significant contribution of $10 million to the Fellowship PAC, a political action committee dedicated to supporting the cryptocurrency industry. Chaired by Jesse Spiro, a U.S. executive at Tether, the Fellowship PAC was established in 2025 and has successfully secured over $100 million in pledged funding to back candidates who advocate for favorable regulations regarding digital assets. The PAC has also invested more than $1 million in advertising campaigns across various elections. This donation from Cantor Fitzgerald, which has maintained a partnership with Tether since 2021 for custody services related to stablecoin reserves, highlights the increasing political engagement of the crypto sector amid growing regulatory scrutiny. Other institutions, such as Anchorage Digital, have also contributed to the PAC, signaling a collective effort within the industry to secure clearer and more enforceable regulatory frameworks in Washington.