Cantor Fitzgerald donated $10 million to the Fellowship PAC, a political action committee supporting the crypto industry, chaired by Tether US executive Jesse Spiro. Founded in 2025, the Fellowship PAC has secured over $100 million in committed funding to support candidates advocating for digital asset-friendly regulation. The organization has previously spent over $1 million on advertising support in several elections. Cantor has a close relationship with Tether, providing custody services for its stablecoin reserves since 2021, and this donation further strengthens their policy collaboration. In addition to Cantor, Anchorage Digital and other organizations also participated in the donation. Industry insiders believe that as regulatory maneuvering intensifies, the crypto industry is continuously increasing its political investment in Washington to secure a clearer and more enforceable regulatory framework.