California Teams Up with Coinbase and Ripple for Web3 Project
California is diving deeper into Web3 by partnering with major crypto players like Coinbase and Ripple. The goal? To explore how blockchain technology can boost government efficiency through the newly formed California Breakthrough Project.
California's Web3 Initiative
The California Breakthrough Project mirrors the ambitions of Elon Musk's D.O.G.E. initiative, aiming to leverage Web3 for governmental improvements. The state has recently shown a commitment to integrating digital assets.
Recent moves include:
- Integrating digital assets into state payments.
- Updating property rights related to tokens.
This project aims to bring blockchain solutions to the forefront of government operations. According to Governor Gavin Newsom, California is uniquely positioned to strategically implement technologies that improve the lives of its citizens.
Key Players and Goals
The California Breakthrough Project seeks to emulate Elon Musk’s D.O.G.E. by using Web3 and blockchain to streamline government processes. Besides Coinbase and Ripple, other tech companies like Anduril and Snap Inc. are also part of this initiative.
The project will focus on public-private partnerships to discover Web3, AI, and blockchain applications suitable for government use. The task force has already convened at Ripple’s San Francisco headquarters.
Potential Challenges
Despite its ambitious goals, the initiative may face headwinds. The unpopularity of D.O.G.E. and concerns about Coinbase’s previous ties to President Trump could spark criticism. San Francisco's recent partnership with OpenAI has already drawn similar scrutiny.
These circles are so small. Especially with Lurie and the Trump admin.
This is from January, peak Lurie transition, Sam Altman doing the same stuff with Trump, with Larry Ellison, Daniel Lurie’s childhood nextdoor neighbor. https://t.co/cyMTEVNP0R pic.twitter.com/iHNYIbfjN6
— Y Disassembler (@loomdoop) July 15, 2025
The success of the California Breakthrough Initiative remains to be seen, but its progress is worth watching.
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