Established by non-profit organizations supported by Coinbase, Uniswap, and others, the AIP aims to educate US legislators about cryptocurrency

BlockBeats News, August 19th. According to The Block, the American Innovation Project (AIP) was launched on Tuesday with the support of industry leaders such as Coinbase and Uniswap Labs. Their common mission is to help U.S. policymakers understand the rapid development of emerging technologies such as crypto and artificial intelligence.

A statement said the project aims to help facilitate "dialogue on policy and technology issues that impact America's economic future."

Several entities focused on cryptocurrency are reportedly backing the AIP, including Kraken, Coinbase, the Blockchain Association, Paradigm, the Solana Policy Institute, and DCG. The organization is said to have received seed funding from the Cedar Innovation Foundation and a $1 million grant from the Crypto Group.