An interesting story is unfolding around political funding in the cryptocurrency industry. Cantor Fitzgerald has just contributed $10 million to Fellowship PAC — a super PAC that is clearly focused on supporting crypto-friendly candidates in federal elections.

What’s interesting here? It’s not just a random donation. Cantor Fitzgerald has been holding reserve assets in Tether for over five years, so they are directly interested in having people in Washington who understand the crypto ecosystem. The decision to allocate such a sum is a clear signal that traditional finance is seriously starting to play in crypto politics.

According to the FEC, the total funds raised by Fellowship PAC have already reached $11 million — with Cantor providing the lion’s share. Separately, Anchorage Digital added another million. Already, $3 million has been spent on advertising campaigns and $1.5 million on supporting specific candidates, including Republicans like the Kentucky Senate candidate and a Georgia representative. It’s interesting to track the net worth and political ambitions of such candidates — they are clearly receiving serious financial backing.

Why is this important? Congress is actively discussing new regulatory frameworks for stablecoins and digital assets. Funds of this scale are directly aimed at influencing who will vote on these issues. This is not just a donation — it’s an investment in the future regulatory environment.

Although Howard Lutnick, then CEO of Cantor, has already stepped away from day-to-day management and become Secretary of Commerce, this decision was made by the company as an institution. It indicates that crypto lobbying has become part of the strategy, not just a personal initiative of one individual.

It’s still unclear whether these investments will lead to specific regulatory outcomes desired by the industry, but the signal is clear: TradFi is moving from cautious observation to active political investments in the crypto space.