
Anchorage Digital
Federally chartered crypto bank; gave $1M to Fellowship PAC in Q1 2026.
Last refreshed: 16 April 2026 · Appears in 1 active topic
Why is a federally chartered crypto bank bankrolling Republican Senate campaigns?
Timeline for Anchorage Digital
Gave $1 million to Fellowship PAC
US Midterms 2026: Fellowship PAC: $11m filed, $89m missing- What is Anchorage Digital and what makes it different from other crypto companies?
- Anchorage Digital is the only federally chartered digital asset bank in the US, holding an OCC national trust charter since January 2021. This gives it access to Federal Reserve payment rails, unlike most crypto firms that operate under state licences.Source: OCC
- Why did Anchorage Digital donate to a Republican Senate PAC?
- Anchorage gave $1M to Fellowship PAC in Q1 2026. The donation reflects the crypto industry's alignment with the Trump administration's more permissive regulatory posture and is seen as political investment in senators on committees overseeing digital-asset legislation.Source: event
- What is Fellowship PAC and who funds it?
- Fellowship PAC is a pro-Trump Senate Super PAC. In Q1 2026 it reported $11M in filed contributions, with Anchorage Digital's $1M donation among the largest individual contributions disclosed.Source: FEC filing
Background
Anchorage Digital is the first and only federally chartered digital asset bank in the United States, holding a national trust charter issued by the Office of the Comptroller of the Currency in January 2021. In Q1 2026 it donated $1 million to Fellowship PAC, the pro-Trump Senate Super PAC, making it one of the largest single crypto-industry contributions to a Republican outside-spending group in the cycle.
Founded in 2017 and headquartered in San Francisco, Anchorage Digital provides custody, trading, and lending services to institutional investors, including sovereign wealth funds and hedge funds. Its federal charter sets it apart from most crypto firms, which operate under state money-transmitter licences and are in a more precarious regulatory position. The OCC charter gives Anchorage access to Federal Reserve payment rails.
The donation to Fellowship PAC reflects the crypto industry's broader alignment with the Trump administration, which has signalled a more permissive regulatory posture toward digital assets than the Biden-era SEC enforcement regime. For Anchorage, the contribution is simultaneously a political investment and a hedge: the senators Fellowship PAC supports sit on committees with jurisdiction over digital-asset legislation including the CLARITY Act.