California Governor Launches "Breakthrough Project" with Ripple, Coinbase to Drive Government Reform

Market Watcher

Jul 16, 2025

California Governor Gavin Newsom has unveiled the "California Breakthrough Project," partnering with executives from Ripple, Coinbase, and MoonPay to enhance government efficiency. This initiative aims to provide reform recommendations while boosting operational efficiency and cross-departmental collaboration across state agencies.

The project's inaugural meeting convened on June 6 at Ripple's San Francisco headquarters. Participants included leadership from Instacart, Snapchat, defense technology firm Anduril, alongside prominent angel investor Ron Conway.

This public-private coalition seeks to leverage private-sector innovation for governmental modernization. Representatives from payment processor MoonPay joined blockchain giants Ripple and Coinbase in this advisory effort targeting systemic improvements within California's administrative framework.

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