California Governor Launches 'Breakthrough Project,' Invites Ripple, Coinbase, and Other Cryptocurrency Company Executives to Participate in Public-Private Collaboration Reform

July 15th, FOX Business reporter Eleanor Terrett stated that California Governor Gavin Newsom announced the launch of the "California Breakthrough Project" and invited senior leaders from technology and crypto companies such as Ripple, Coinbase, and MoonPay to participate. The project aims to provide advice and support to enhance California government efficiency and interdepartmental collaboration.

The project working group held its first meeting on June 6th at Ripple's headquarters in San Francisco. Other participants included executives from Instacart, Snapchat, Anduril Technologies, and prominent angel investor Ron Conway.