The Governor of California has launched the "Breakthrough Project," inviting executives from encryption companies such as Ripple and CEX to participate in government-enterprise collaboration reforms.

On July 15, FOX Business reporter Eleanor Terrett reported that California Governor Gavin Newsom announced the launch of the California Breakthrough Project and invited senior leaders from technology and encryption companies such as Ripple, CEX, and MoonPay to participate, aiming to provide recommendations and support for improving the efficiency of the California government and interdepartmental collaboration. The project working group held its first meeting on June 6 at Ripple's headquarters in San Francisco, with other participants including executives from Instacart, Snapchat, Anduril Technologies, and notable angel investor Ron Conway.

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