Fellowship PAC reports $11M from Cantor Fitzgerald, Anchorage
Fellowship PAC disclosed $11 million in January contributions—$10 million from Cantor Fitzgerald and $1 million from Anchorage Digital-and reported $3 million in issue-advertising spending.
Fellowship PAC reported $11 million in January contributions in a Federal Election Commission filing, listing a $10 million donation from Cantor Fitzgerald and $1 million from Anchorage Digital. The filing shows $3 million in spending on issue-advertising paid to the Nxum Group.
The Nxum Group was co-founded by Bo Hines, a former White House crypto adviser who serves as CEO of Tether US. The filing identifies the $3 million payment as a media buy for issue advocacy advertising.
Fellowship also reported earlier media expenditures of more than $1.4 million supporting Republican candidates in Georgia’s 14th Congressional District and candidates in U.S. Senate races in Nebraska and Kentucky. Those states are scheduled to hold party primaries in May 2026.
Mitchell Nobel is listed in the filing as Fellowship’s treasurer; he has served as Cantor Fitzgerald’s director of digital asset strategy and policy since August 2025. Fellowship announced its formation in September 2025 and initially reported it had over $100 million from backers aligned with the crypto industry. FEC records show no receipts over $200 reported by the group between Aug. 7, 2025 and Dec. 31, 2025, and public filings may not capture contributions made after March 31, 2026.
Anchorage previously said it would join Chainlink in supporting the Blockchain Leadership Fund, a hybrid PAC that can make direct contributions to candidates and fund independent expenditures. An Anchorage spokesperson confirmed the company intended to disclose a contribution to the FEC; no separate Anchorage filing was public as of the Fellowship disclosure.
In the 2024 election cycle, political committees backed by crypto industry donors spent hundreds of millions of dollars on media to support candidates they considered pro-crypto and to oppose others. The FEC filing names institutional donors to Fellowship and details the PAC’s early use of funds for advertising and targeted state and federal races as the 2026 primary and general election calendar advances.
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