Odaily Planet Daily reported that crypto journalist Eleanor Terrett posted on X that California Governor Gavin Newsom has announced the launch of the "California Breakthrough Project," inviting senior executives from technology and crypto companies such as Ripple, a certain exchange, and MoonPay to participate. The initiative aims to provide advice and support to enhance the efficiency of California's government and promote cross-departmental collaboration. The project's 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, as well as angel investor Ron Conway and others.