The Fellowship PAC Secures $100 Million to Propel U.S. Digital Asset Innovation

A groundbreaking political action committee (PAC), The Fellowship PAC, has officially launched, raising over $100 million to promote digital asset innovation and back pro-digital asset candidates across the United States. Committed to advancing entrepreneurship in the digital asset sector, the organization aims to address regulatory uncertainties while maintaining a bipartisan stance.

Announced on Monday through social media platform X, The Fellowship PAC confirmed securing "over $100 million from anonymous sources." Its mission centers on retaining digital asset talent within U.S. borders, providing clarity around regulatory policies, and supporting select federal candidates to drive positive change in the digital economy.

“This PAC is specifically designed to bridge the gap between digital entrepreneurs, policymakers, and the broader public by fostering trust and accountability," stated representatives of The Fellowship PAC. They characterized the massive initial funding as a foundational step, promising far-reaching initiatives in the coming months.

Growing Bipartisan Activity in Digital Asset-Backed Political Influence

The Fellowship PAC joins a growing list of organizations focused on bolstering digital asset policies and candidates in pivotal U.S. elections. According to Cointelegraph, digital asset-centric PAC activity has surged in recent years, with 2024 witnessing similar initiatives such as Pairshake PAC—powered largely by donations from Coinbase and Ripple Labs—which allocated more than $130 million toward election advertising to influence race outcomes.

This increasing engagement by digital asset stakeholders underscores the sector's rising political and economic clout. In an illustrative case, Cameron and Tyler Winklevoss, co-founders of Gemini, donated Bitcoin (BTC) valued at $21 million to The Fellowship PAC last August. These funds were reportedly aimed at advancing digital asset-friendly policies during the Trump administration while bolstering the Republican congressional majority.

Nonetheless, some key digital asset entities, including Coinbase and Gemini, have not yet issued official commentary regarding collaborations with The Fellowship PAC, leaving questions about deeper industry alliances unanswered.

The Role of Digital Asset PACs in Shaping the 2026 Midterms

Federal Election Commission (FEC) records reveal the rapid expansion of PACs centered on digital asset advocacy. However, not all PACs have gained traction. For instance, entities like the Digital Freedom Fund PAC, established in July, have yet to report notable contributions or expenditures.

Looking ahead to the 2026 midterm elections, analysts forecast an intensification of digital asset companies' political influence. Industry-backed PACs are expected to play a pivotal role in shaping policies and endorsing candidates as the November elections approach.

The influence of such organizations is already evident. For example, in Virginia's 11th District special election on September 9, the Protect Progress PAC, affiliated with Pairshake PAC, invested over $1 million to successfully support Democratic candidate James Walkinshaw.

These developments illustrate the growing integration of digital asset advocacy into the U.S. political landscape, demonstrating how this rapidly evolving sector continues to wield expanding social, economic, and legislative influence.