California Governor Gavin Newsom signed an executive order launching the "California Breakthrough Project" to modernize government operations with tech and crypto firms. Ripple, Coinbase, and MoonPay executives are collaborating to improve state services and drive innovation in key areas.

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Coinbase, Ripple and MoonPay Join California Tech Task Force

California Governor Gavin Newsom had a meeting at the headquarters of San Francisco-based blockchain firm Ripple earlier this July. Newsom is working on a new project, which aims to improve the efficiency of state government by collaborating with local tech leaders. The initiative, which has been dubbed the "California Breakthrough Project," is meant to bring AI and blockchain innovation borrowed from the private sector into the public sector. In his statement, Newsom has stressed that California, which could rank as the world's fourth-largest economy, is the "birthplace of modern tech," which is why it is capable of bringing "the best and brightest together." The participants who were present during the high-profile meeting come from such areas as crypto, fintech, logistics, defense tech, and so on. They include Chris Larsen, executive chairman at Ripple, Asheesh Birla, former general manager at Ripple, Jeff Lawson, chief executive officer at Twilio, Ron Conway, founder of venture capital giant SV Angel, Jason Wheeler, former CFO at Tesla, and some other big names. The photo shows that Larsen was seated directly across from Newsom during the meeting. Back in May 2022, the California governor executive order to create a clear regulatory environment for digital asset companies. In October 2023, he also greenlit a crucial crypto regulation bill. The bill, which was originally supposed to take effect earlier this month, has been postponed to July 2026.

California Governor Spotted at Ripple HQ

The California Breakthrough Project held its first meeting at Ripple’s San Francisco headquarters, according to journalist Eleanor Terrett. [Eleanor Terrett]

Ripple, Coinbase, MoonPay execs to advise California on gov’t efficiency

According to crypto reporter Eleanor Terrett, California Governor Gavin Newsom has announced that he has co-launched the "California Breakthrough Project" with executives from companies such as Ripple, Coinbase, and MoonPay, with the aim of providing advice on government reform and promoting efficiency improvements and cross-departmental collaboration. The project team held its first meeting on June 6 at Ripple's headquarters in San Francisco, and members also included heads from Instacart, Snapchat, and Anduril, as well as angel investor Ron Conway, among others. [Wu Blockchain]

California Governor Announces "Breakthrough Project," Ripple, Coinbase, and Others Join Government Efficiency Reform Group

加密 reporter Eleanor Terrett posted on the X platform that California Governor Gavin Newsom has 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, aiming to provide advice and support for improving the efficiency of the California government and cross-departmental collaboration. It is reported that the project working group held its first meeting on June 6 at Ripple's headquarters in San Francisco. Other participants included executives from Instacart, Snapchat, Anduril Technologies, and angel investor Ron Conway. [Odaily Planet Daily News]

California Launches "Breakthrough Project," Plans to Invite Ripple, Coinbase Executives to Participate in Government-Enterprise Reform

On July 15, according to crypto journalist Eleanor Terrett, California Governor Gavin Newsom announced the launch of the "California Breakthrough Project," which will work with senior leaders of companies such as Ripple, Coinbase, and MoonPay to "improve government efficiency and promote inter-governmental collaboration."
The task force held its first meeting on June 6 at Ripple’s headquarters in San Francisco. Its members also include leaders from companies such as Instacart, Snapchat, Anduril Technologies, and angel investor Ron Conway. [PANews]

California partners with crypto executives from Ripple, Coinbase and others to improve government efficiency

On 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, aiming to provide advice and support for improving the efficiency of the California government and cross-departmental 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, and Anduril Technologies, as well as well-known angel investor Ron Conway, among others. [BlockBeats]

California Governor Launches "Breakthrough Project," Inviting Executives from Crypto Companies Like Ripple and Coinbase to Participate in Government-Business Collaborative Reform

California Governor Launches "Breakthrough Project," Inviting Executives from Crypto Companies Like Ripple and Coinbase to Participate in Government-Business 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. [BlockBeats News]

MAG7.SSI

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

On July 15, according to crypto reporter Eleanor Terrett, California Governor Gavin Newsom announced the launch of the "California Breakthrough Project," which will collaborate with executives from leading cryptocurrency companies such as Ripple, Coinbase, and MoonPay to "improve government efficiency and promote collaboration." The first meeting of this working group was held on June 6 at Ripple's San Francisco headquarters, with participating companies also including Instacart, Snapchat, Anduril, and angel investor Ron Conway. [TechFlow]

Crypto Reporter: California Governor Announces Partnership with Ripple, Coinbase, and Others to Launch "California Breakthrough Project"

According to crypto reporter Eleanor Terrett, California Governor Gavin Newsom has announced the launch of the "California Breakthrough Project," which will collaborate with executives from leading cryptocurrency companies such as Ripple, Coinbase, and MoonPay to "improve government efficiency and promote collaboration." The first meeting of this working group was held on June 6 at Ripple's San Francisco headquarters, with participating companies also including Instacart, Snapchat, Anduril, and angel investor Ron Conway. [Foresight News]

California Governor Gavin Newsom has launched a new initiative called the “California Breakthrough Project” to increase efficiency in public services and strengthen public-private partnerships. According to FOX Business reporter Eleanor Terrett, senior executives of leading cryptocurrency companies such as Ripple, Coinbase and MoonPay were also invited to the project. The project's working group held its first meeting at Ripple's San Francisco headquarters on June 6. Also attending the meeting were executives from technology companies such as Instacart, Snapchat, and Anduril Technologies, as well as well-known angel investor Ron Conway. The main objectives of the Breakthrough Project are as follows: Encouraging collaboration between state-level decision-makers and experts from the technology, business and innovation sectors. Identifying systematic inefficiencies in the government's processes, services and technology and providing innovative solutions, Creating new competition and project models based in California to develop modern solutions, Maintaining public transparency, worker and civil society participation, and ethical safeguards throughout the innovation process. *This is not investment advice. [FOX Business]

Rumors of Collaboration Between Ripple and California, Biggest Economy in the US – Governor Announces

HIGHLIGHTS Governor Newsom's new task force includes leaders from Ripple, Coinbase, and top tech companies to improve California's government. The California Breakthrough Project aims to address inefficiencies by integrating tech and innovation in state operations. The initiative will focus on using AI and new technologies to streamline government services and improve efficiency. Governor Gavin Newsom has announced the launch of the California Breakthrough Project, a new initiative aimed at boosting government efficiency in the state. The task force, which includes executives from Ripple, Coinbase, MoonPay, and other top tech companies, will focus on enhancing public services and operations across California.

California Task Force, Which Includes Ripple, Coinbase, and MoonPay
According to Eleanor Terrett's X post, the California Breakthrough Project brings together a group of influential leaders from the tech sector to advise on improving government operations.
This task force, which convened for the first time in June 2025 at Ripple’s headquarters in San Francisco, includes executives from companies such as Instacart, Snap, and Anduril, alongside prominent investors and entrepreneurs, including Ron Conway.
This move comes just a month after California’s legislature passed AB 1052, a bill that could establish clearer guidelines and regulations for blockchain and digital asset industries within the state.
The main objective of this latest initiative is to foster collaboration between state decision-makers and industry experts. By incorporating innovative ideas and advanced technologies, the project aims to streamline government processes and address systemic inefficiencies in state services.
Governor Newsom emphasized that the state will continue to embrace progress for the benefit of all Californians, including enhancing transparency and safeguarding ethical standards in the process.
The task force will work directly with California’s state agencies to identify areas of improvement and implement modern solutions. By leveraging cutting-edge technologies, the group plans to simplify operations, reduce delays, and optimize resource management across various government departments.
Subsequently, the initiative is expected to improve both the efficiency and accessibility of public services, ensuring a smoother experience for residents and businesses alike.
Moreover, the project aims to create a model for future government innovations that prioritize transparency, ethical considerations, and input from state workers. These efforts are designed to make state-run processes more efficient and responsive to the needs of California’s diverse population.

California's Crypto Industry Plays a Key Role
Although the announcement did not specify how blockchain technology would be directly used, California’s thriving crypto and blockchain sector is positioned to play a significant role.
The state is home to a large number of blockchain companies, with nearly a quarter of North America's blockchain firms based there. This sector’s rapid growth presents opportunities for integrating innovative digital solutions into government processes.
The timing of the initiative coincides with Crypto Week, during which U.S. lawmakers are set to debate various crypto-related bills, such as stablecoin regulations and market structure proposals. This alignment suggests that California’s approach could be influenced by the growing regulatory momentum around digital assets in the U.S. [Eleanor Terrett]

Just In: Ripple, Coinbase Join California Task Force To Boost Government Efficiency

The California Breakthrough Project held its first meeting at Ripple’s San Francisco headquarters, according to journalist Eleanor Terrett.

The collaboration could set a precedent for other states, enhancing public sector efficiency and fostering tech-driven government innovation.
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California launches task force with Ripple, Coinbase, MoonPay to improve government efficiency and operations

加利福尼亚州州长Gavin Newsom签署了一项行政命令，启动“California Breakthrough Project”，旨在通过与科技和加密货币公司合作，推动政府运营现代化。Ripple、Coinbase和MoonPay的高管正在携手合作，提升州政府服务水平，并在关键领域推动创新。

Coinbase、Ripple 和 MoonPay 加入加州科技工作组

加利福尼亞州州長Gavin Newsom簽署了一項行政命令，啓動“California Breakthrough Project”，旨在通過與科技和加密貨幣公司合作，推動政府運營現代化。Ripple、Coinbase和MoonPay的高管正在攜手合作，提升州政府服務水平，並在關鍵領域推動創新。