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According to a report by Jinse Finance citing two sources, U.S. Commerce Secretary Gina Raimondo is considering the federal government taking equity stakes in chip manufacturers building plants in the United States with funding from the CHIPS Act. This move extends previous plans, under which the U.S. intended to exchange cash subsidies for a partial equity stake in Intel. A White House official and another informed source said Raimondo is exploring how the U.S. can obtain equity in companies such as Micron Technology (MU.O), TSMC (TSM.N), and Samsung while providing them with CHIPS Act funding. Most of the funds have not yet been disbursed.

According to Jinse Finance, the American Innovation Project (AIP), a nonprofit organization initiated by several executives from the crypto and blockchain industry, made its debut at the Wyoming Blockchain Summit. The organization aims to educate U.S. policymakers about digital assets and emerging technologies, as well as to promote public advocacy. Headquartered in Washington, D.C., AIP is chaired by Kristin Smith, President of the Solana Policy Institute, with board members including executives from the Blockchain Association, Paradigm, Digital Currency Group, and a certain exchange. The organization emphasizes its nonpartisan stance, fostering policy dialogue and industry collaboration.