Tag: blockchain

Initiative includes partnership with Future Caucus

November 17, 2025 (Washington, DC) — Today, The Digital Chamber officially launched The Digital Chamber’s State Network (TDC State Network) to advocate for transformative digital asset policies in state and local government. As a part of the launch, three inaugural efforts were unveiled: a partnership with Future Caucus, a state advocacy tour, and a microloans program to elevate innovative policy efforts across the U.S. 

PARTNERSHIP WITH FUTURE CAUCUS INNOVATION LAB, 2026 DIGITAL ASSET TOUR 
 
Partnerships and coalitions will be critical to TDC’s State Network policy push in the states. Future Caucus will be a critical partner for the 2026 Digital Asset Tour as it works to engage lawmakers and policymakers in state legislatures across the country. Through Future Caucus’s Innovation Lab and vast network of state caucuses, which focuses on bringing together young legislative leaders to transcend the partisan divide and pursue forward-thinking policy solutions. Together, the partners will work to increase understanding of digital assets and proposals for legislation to advance the industry’s job growth and presence in key states. 
 
TDC’s State Network policy expertise, combined with the Future Caucus’s trusted relationships, will help to ensure this signature program will serve to convene and educate state lawmakers in target states, ensure they have access to resources, expertise, and foster constructive policy development that enables innovation while protecting consumers. 

“This partnership will help develop a bench of strong leaders ready to introduce and support digital asset legislation and advocate for crypto policy that will propel states to lead the future of finance,” said Cody Carbone, CEO of The Digital Chamber. “Future Caucus has a strong reputation for building ties and engagement with rising stars in legislatures, and we are grateful they have agreed to help us educate young lawmakers on crypto policy.” 
 
“Young legislators are already wrestling with the real-world implications of digital assets,” said Layla Zaidane, president and CEO of Future Caucus. “This partnership with the Digital Chamber’s State Network will help rising leaders get clear on the facts, learn from each other, and understand what innovation actually means for their communities. By combining strong relationships with substantive policy education, we’re making sure the next generation of lawmakers is prepared to navigate this space with clarity, pragmatism, and a focus on results.” 
 
TDC STATE NETWORK’S MICROGRANTS PROGRAM 

The announcement includes unveiling a new Microgrants Program pilot program. Launching in 2026, the program will award grants meant to support burgeoning state blockchain associations, university blockchain clubs, and community innovation groups.  

The first block of grants are designed to: 

• Foster grassroots policy education and coalition-building; 

• Amplify state-level digital asset engagement. 

• Develop policy tools and sandboxes meant to further digital asset lawmaking development. 

• Strengthen DSN’s network of state and local partners. 

 
“The Microgrant Program is our first effort to grow advocacy groups prepared to mobilize education and advocacy efforts in state capitals across the nation. We are proud to provide tangible support to emerging groups working to educate policy makers on the benefits of developing principled digital asset policy,” said Anastasia Dellaccio, Executive Director of TDC’s State Network.  

ABOUT TDC’S STATE NETWORK 

The Digital Chamber’s State Network is a non-partisan program that establishes a collaborative ecosystem connecting policymakers, regulators, industry, and innovators to advance blockchain adoption and digital asset integration across the United States.

ABOUT FUTURE CAUCUS 

Future Caucus is a nonpartisan, nonprofit organization that empowers young elected officials in Congress and state legislatures to bridge the partisan divide and lead a new era of collaborative governance. By supporting innovative policymaking and fostering collaboration, we help Gen Z and millennial leaders drive positive change and promote a political culture rooted in empathy and solutions. To learn more, visit www.futurecaucus.org. 
 
### 
 
The Digital Chamber is a non-profit organization committed to promoting global blockchain adoption. We envision a fair and inclusive digital and financial ecosystem where everyone has the opportunity to participate. Major Digital Chamber initiatives include: Digital Power Network, Digital State Network, and the Bitcoin Treasury Council. 

Access to digital assets is not merely a technological advancement but a fundamental human right, crucial for economic and social empowerment. Through targeted education, advocacy, and strategic collaborations with government and industry stakeholders, we drive innovation and shape policies that create a favorable environment for the blockchain technology ecosystem.  

By Jasmine Fosque

Economic Intelligence, The Digital Chamber

Bitcoin has shattered previous records, surging above $126,000 as cryptocurrency markets experience a powerful October rally. The world’s leading digital asset has gained more than 10% over the past week, bringing its 2025 year-to-date performance to an impressive 34%. This milestone comes amid favorable seasonal trends and growing institutional adoption, with blockchain-based financial services companies also capturing significant analyst attention.

Market Performance Overview

According to CoinMarketCap data, Bitcoin reached a fresh all-time high of $126,198 on Monday, October 6, 2025, surpassing its previous mid-August peak near $124,500 (Investor’s Business Daily, 2025). The cryptocurrency cleared the psychologically significant $125,000 threshold over the weekend, triggering renewed momentum in the broader digital asset market.

`; const iframe = document.getElementById('chartFrame'); iframe.srcdoc = chartHTML;

The chart illustrates Bitcoin's remarkable recovery and expansion throughout 2025, with the current price representing a continuation of the bullish trend that began in early 2025. Key technical indicators suggest the cryptocurrency is trading well above its major moving averages, with Bitcoin positioned 17.8% above its 200-day simple moving average of $105,880 (Blockchain News, 2025).

Seasonal Momentum Factors

Historical data strongly supports the current rally. Joel Kruger, analyst at LMAX Group, noted that October has historically been one of Bitcoin's best-performing months, averaging a 22% gain since 2013 (Investor's Business Daily, 2025). Looking ahead, November has demonstrated even stronger seasonal patterns, with average returns of 46% during the month over the same historical period.

This seasonal strength, combined with current market dynamics, suggests the potential for continued upward momentum through year-end 2025.

Broader Cryptocurrency Market Performance

The rally extends beyond Bitcoin. Ethereum, the second-largest cryptocurrency by market capitalization, traded above $4,700 on Monday, marking a 12.8% weekly advance and bringing its 2025 gain to nearly 42% (Investor's Business Daily, 2025).

Key Market Metrics:

• Bitcoin: $126,198 (+34% YTD)
• Ethereum: $4,700+ (+42% YTD)
• 24-hour trading volume: $1.85 billion
• Relative Strength Index: 72.8 (overbought territory)

The cryptocurrency market is demonstrating robust growth in 2025, with both Bitcoin and Ethereum posting impressive year-to-date returns. Bitcoin has surged to $126,198, representing a substantial 34% gain since the beginning of the year. This performance solidifies Bitcoin's position as a leading asset class and reflects growing institutional adoption and favorable market conditions. The digital asset's climb above $126,000 marks a historic milestone, surpassing previous peak levels and establishing new territory for the world's most valuable cryptocurrency.

Ethereum Outpaces Bitcoin in Percentage Gains

Ethereum has demonstrated even stronger relative performance, trading above $4,700 with a remarkable 42% year-to-date increase. This 8-percentage-point advantage over Bitcoin suggests growing demand for Ethereum's smart contract capabilities and decentralized application ecosystem. The simultaneous strength in both major cryptocurrencies indicates broad-based market momentum rather than isolated speculation, as institutional investors and retail participants alike increase their exposure to digital assets. Ethereum's outperformance also reflects anticipation of continued network upgrades and expanding use cases in decentralized finance and tokenization applications.

Healthy Trading Volume Signals Active Market Participation

The 24-hour trading volume of $1.85 billion reflects sustained market activity and liquidity across cryptocurrency exchanges. This substantial volume indicates healthy price discovery mechanisms and sufficient depth for institutional-sized transactions. Active trading volumes are essential for market stability and provide confidence to larger investors seeking to enter or exit positions without significant price impact. The current volume levels suggest that the recent price advances are supported by genuine market interest rather than thin, illiquid trading conditions that could indicate artificial price movement.

Technical Indicators Show Overbought Conditions

While the fundamental and price momentum remains positive, technical analysis reveals caution signals. Bitcoin's Relative Strength Index (RSI) has reached 72.8, firmly in overbought territory above the traditional 70 threshold. This elevated RSI reading suggests the asset may be due for near-term consolidation or a technical pullback as traders take profits following the strong rally. However, it's important to note that during powerful bull markets, assets can remain in overbought conditions for extended periods. Investors should balance the positive momentum signals with awareness of potential short-term volatility as the market digests recent gains and establishes new support levels.

Crypto-Related Equities Rally

The Bitcoin surge has lifted cryptocurrency-related stocks across multiple sectors:

Exchanges:

• Coinbase Global advanced 1.6%, approaching a cup base formation with a $444.64 buy point
• Bullish (backed by Peter Thiel) gained 6.2%
• Circle Internet Group rose 1.9%, trading above its 50-day moving average

Bitcoin Mining Stocks Surge on Cryptocurrency Rally

• Hive Digital Technologies led gains with a 25% rally
• Bitfarms advanced 15%
• Iren surged more than 14%
• Riot Platforms jumped 11%
• Cipher Mining gained 4.4%

Strategy Companies:

• Strategy swung 2.3% higher, rebounding above both 50-day and 200-day moving averages

Bitcoin mining companies experienced substantial gains on Monday, October 6, 2025, as the underlying cryptocurrency surged past $126,000 to establish a new all-time high. Hive Digital Technologies led the sector with an impressive 25% rally, demonstrating the leveraged nature of mining stocks to Bitcoin price movements. The company's outperformance reflects both operational efficiency and investor enthusiasm for firms positioned to capitalize on Bitcoin's record-breaking momentum. Bitfarms followed with a solid 15% advance, while Iren posted gains exceeding 14%, indicating broad-based strength across the mining sector rather than company-specific developments. These substantial single-day gains underscore the correlation between Bitcoin's price appreciation and mining company equity valuations, as higher cryptocurrency prices directly translate to improved mining economics and enhanced profitability prospects.

Sector-Wide Strength Reflects Improving Mining Economics

The rally extended beyond the top performers, with Riot Platforms jumping 11% and Cipher Mining gaining 4.4%, demonstrating that the positive sentiment permeated the entire mining sector. This coordinated advance suggests investors are recognizing the improving fundamental backdrop for mining operations, as Bitcoin's climb above $126,000 enhances revenue per coin mined while many companies have already locked in competitive energy costs and expanded their hash rate capacity. The performance spread, ranging from Hive Digital's 25% surge to Cipher Mining's more modest 4.4% gain, reflects varying investor assessments of each company's operational leverage, balance sheet strength, and growth trajectory. For mining companies that endured challenging market conditions during Bitcoin's previous consolidation phases, the current rally represents a validation of their survival strategies and positions them favorably for continued gains should Bitcoin maintain its upward momentum through the historically strong October-November seasonal period.

(Source: Investor's Business Daily, 2025)

Spotlight: Figure Technology Solutions Receives Strong Analyst Support

In a significant development for blockchain-based financial services, Figure Technology Solutions (NASDAQ: FIGR) received its first wave of analyst coverage following its mid-September IPO. The company, which offers traditional capital market solutions on blockchain infrastructure including home equity lines of credit, lending pools, and yield-bearing stablecoins, attracted predominantly bullish assessments.

Analyst Coverage Breakdown:

• 7 firms initiated coverage
• 6 buy/overweight ratings
• 1 hold rating

Key Analyst Perspectives:

Needham (Buy rating, $51 price target): Identified Figure as a leader in digital lending blockchain, highlighting the scalability of its technology across consumer credit products beyond HELOCs. The firm expects continued expansion across stablecoins, crypto exchanges, and democratized prime services (Investor's Business Daily, 2025).

Keefe Bruyette (Outperform rating, $48.50 price target): Positioned Figure as a "relative winner in the emerging public blockchain category" through its tokenization of real-world assets, noting the company holds a 39% share of all tokenized real-world assets with "meaningful traction" in blockchain capital markets (Investor's Business Daily, 2025).

Bernstein (Outperform rating, $54 price target): Recognized Figure as the market leader in credit tokenization, commanding a 75% share of the tokenized private credit market (Investor's Business Daily, 2025).

Figure stock jumped 8.2% on Monday and has rebounded nearly 20% during October, following its September 11 debut at $25 per share.

Technical Analysis and Market Outlook

Current technical indicators present a nuanced picture. While Bitcoin's momentum remains strongly bullish, the Relative Strength Index at 72.8 indicates overbought conditions, suggesting potential near-term consolidation (Blockchain News, 2025). However, the MACD indicator remains constructively positive with a histogram reading of 1,289, indicating continued buyer momentum.

Critical Price Levels:

• Immediate resistance: $125,708
• Secondary target: $130,000 (psychological level)
• Primary support: $123,986
• Key support floor: $108,620
• Deeper support: $107,255

A decisive break above $125,708 resistance could trigger additional buying interest toward $130,000, while failure to breach this level may prompt profit-taking among recent rally participants.

Investment Implications

The current market environment reflects several converging positive factors:

1. Seasonal tailwinds: Historical October-November strength
2. Technical momentum: Trading well above major moving averages
3. Institutional adoption: Growing blockchain infrastructure investment
4. Tokenization growth: Real-world asset digitization gaining traction
5. Reduced volatility: Contained trading ranges suggest market confidence

However, investors should remain cognizant of overbought technical conditions and maintain appropriate risk management strategies, particularly monitoring key support levels for potential trend shifts.

What's Next?

Bitcoin's record-breaking surge above $126,000 represents more than a numerical milestone—it reflects the maturation of digital asset markets and growing integration of blockchain technology into traditional financial services. The strong analyst support for companies like Figure Technology Solutions demonstrates increasing institutional recognition of blockchain's transformative potential across lending, asset tokenization, and capital markets infrastructure.

As we progress through the historically strong October-November period, market participants will be watching closely to see whether Bitcoin can sustain momentum toward the psychologically significant $130,000 level while broader cryptocurrency adoption continues to accelerate.

---

Sources

Blockchain News. (2025, October 6). "Bitcoin Tests Key Resistance at $124,682 as RSI Signals Overbought Conditions." Retrieved from Blockchain News.

Investor's Business Daily. (2025, October 6). "Bitcoin Hits Record Above $126,000; Blockchain Lender Sees Bullish Coverage." By Harrison Miller.

CoinMarketCap. (2025). Bitcoin price data. Retrieved October 6, 2025. As cited in Investor's Business Daily, 2025)

TheFly.com. (2025). Analyst coverage data for Figure Technology Solutions. (As cited in Investor's Business Daily, 2025)

Bloomberg Intelligence.

For inquiries or interviews, reach out at jasmine@digitalchamber.org.

For media inquiries, please contact press@digitalchamber.org.

The Digital Chamber (TDC) is pleased to announce that we have submitted our formal response to the Senate Banking Committee’s Request for Input (RFI) on the “Responsible Financial Innovation Act of 2025” discussion draft. Drawing on the expertise of our 200+ diverse members across the blockchain ecosystem, TDC provided over 80 pages of comprehensive feedback addressing nearly every question posed. We hope our insights help inform and strengthen the Committee’s efforts as the legislative process moves forward. 

TDC supports the Senate Banking Committee’s thoughtful approach reflected in the discussion draft. At the same time, our members shared concerns about the proposed use of a “decentralization” construct to determine whether an ancillary asset falls under SEC or CFTC jurisdiction. No other major jurisdiction with comprehensive digital asset regulation imposes such a requirement, creating potential pressure for U.S.-based projects to prematurely declare “decentralization” or “blockchain maturity.” Projects must retain the flexibility to develop in line with user, consumer, and investor needs, and not be constrained by rigid statutory definitions. 

Our response also highlights opportunities to improve clarity around certain definitions and structural coherence of the discussion draft. It is essential that all terms related to the digital asset market are clearly and consistently defined. While Section 101 introduces a definition for “ancillary asset” under the Securities Act of 1933, beginning in Section 109, the draft shifts to using the undefined term “digital asset(s)” without clarifying how it relates to “ancillary asset(s).” Additionally, the interaction between Sections 101 and 102 creates ambiguity around the treatment of assets sold by originators—particularly regarding disclosure obligations or exemptions. We recommend clarifying the definitions and resolving the originator-related conflict to ensure regulatory clarity and coherence. 

Finally, while we support granting the SEC discretion to offer alternative paths for token safe harbors and exemptions, our members expressed concern about the extent to which the draft relies on future SEC rulemaking in areas where innovators need clarity now. Critical issues, such as token disclosure requirements and the definition of when a network is under “common control” of related parties, should be clearly enumerated in statute. Without this enhancement, token issuers risk regulatory uncertainty and potential shifts in policy by future Commissions. We instead support the approach taken in H.R. 3633, the CLARITY Act, which establishes a minimum viable framework in statute to provide innovators with a clear and reliable path forward. 

The Digital Chamber appreciates the diligent work of the Senate Banking Committee staff, Chairman Scott, and Senators Cynthia Lummis, Bill Hagerty, and Bernie Moreno on the introduction of the “Responsible Financial Innovation Act of 2025” discussion draft. We commend the Committee’s thoughtful engagement with stakeholders and recognize its good-faith effort to foster blockchain innovation while upholding strong consumer protections. As the largest and most diverse blockchain trade association, TDC looks forward to continued collaboration with Congress and regulators to ensure that the final market structure legislation reflects the needs of our members and strengthens the U.S. digital economy. 

Read the full TDC response here.

If you have any questions, please reach out to policy@digitalchamber.org

By Jasmine Fosque

Economic Intelligence Division, The Digital Chamber

Since April 2025, U.S. spot Bitcoin ETFs have reversed course sharply, drawing $17.8 billion in net inflows between April 12 and July 18 after shedding over $5.5 billion in Q1 amid collapsing basis-trade yields. This shift reflects a renewed wave of institutional demand.

This surge in ETF inflows is a structural shift with regulatory and capital allocation consequences. As nearly $18 billion flows into SEC-registered Bitcoin vehicles in under 100 days, traditional financial infrastructure is absorbing digital assets at a scale that now demands policy attention. For regulators, it marks a tipping point where oversight must adapt to instruments that blend asset exposure with securities law. For investors, it signals that Bitcoin is no longer on the speculative fringe. It is becoming an institutional asset class with liquidity, custody, and compliance built into its rails.

Market Value of Holdings Surpasses $151 Billion

As of July 18, 2025, the 11 U.S. spot Bitcoin ETFs collectively hold 1.28 million BTC. At that day’s spot price of $118,139.41, total market value of ETF Bitcoin holdings now exceeds $151 billion. This means nearly 6.5% of all Bitcoin in existence are held by these ETFs, signaling a significant shift from Bitcoin’s early days as a primarily retail-held asset.

The rally has coincided with a sharp rebound in Bitcoin itself, which traded below $79,000 in early April and climbed nearly 50% in three months, peThe rally has coincided with a sharp rebound in Bitcoin itself, which traded below $79,000 in early April and climbed nearly 50% in three months breaking above $120,000 on both July 17^th and July 18^th.

This divergence between rising inflows and stable derivatives positioning signals a shift in market structure: capital is entering with long horizon intent. Institutional buyers are likely using ETF’s to obtain regulatory compliant exposure to bitcoin’s upside rather than having direct or indirect exposure to BTC- especially while they await comprehensive market structure legislation and finalized rules around qualified custodians. Until such frameworks are in place, ETFs offer a turnkey, SEC registered vehicle that bypasses the operational and legal uncertainties of direct Bitcoin custody.  This behavior mirrors the pattern seen in gold ETF adoption post 2004 when price-led inflows decoupled from speculative positioning and reshaped asset classification.

Structural Shift: Institutions Over Hedge Funds

Bloomberg notes that registered investment advisers (RIAs) have now surpassed hedge funds as the largest known holders of Bitcoin ETFs. This signals a significant maturation in investor profile. IBIT, BlackRock’s fund, leads in every category: flows, volume, holdings, and liquidity.

Advisers now hold over 52% of ETF-related Bitcoin exposure, up from 31% just six months prior. The ETF channel is no longer just a speculative wrapper; it’s rapidly becoming a strategic allocation tool for institutional portfolios.

The past 90 days signal more than a rebound. They mark a structural shift in how Bitcoin is held, traded, and trusted. With $17.8 billion in net inflows, ETF-held Bitcoin now exceeds 1.28 million BTC, valued at over $151 billion. This is balance sheet positioning by fiduciaries. It is capital flowing through regulated channels, tracked, priced, and held with custody infrastructure that mirrors traditional finance.

ETF flows are now a systemic signal. When they surge, they reflect more than just sentiment; they reflect compliance-cleared conviction. And when they hold 6.5% of the global Bitcoin supply, they become systemically relevant.

Implications for Policy and Regulation

This wave of institutionalization forces a policy consideration.

1. Systemic Recognition: U.S. regulators can no longer treat Bitcoin as peripheral. When hundreds of billions move through SEC-regulated ETFs with liquidity, tight spreads, and institutional holders, the asset class enters the perimeter of systemic market relevance.
2. Disclosure and Infrastructure Mandates: Expect new proposals on ETF transparency, custody standards, cross-border capital flows, and even macroprudential treatment of digital asset exposure. Crypto is no longer niche. It is on Wall Street’s balance sheet.
3. Regulatory Oversight:  With spot ETFs drawing assets faster than most mutual funds, jurisdictional clarity between the SEC, CFTC, and potentially the Federal Reserve becomes urgent.
4. New Compliance Norms: Advisers, now the largest holders, will push for uniform frameworks on tax treatment, AML/KYC integration, and cross-border asset portability. Regulation will need to mirror this sophistication or risk creating fragmentation.
5. International Ramifications: Other jurisdictions, especially in Europe and Asia, will view the U.S. ETF model as a template. Nations without equivalent vehicles risk watching capital exit to U.S.-based digital exposure products.

The takeaway is clear: Bitcoin ETFs are no longer an experiment. They are the first in a series of steps that will bring digital assets further into US capital markets. The flows are votes for structure, governance, and access.

The past 90 days mark a turning point in Bitcoin ETF evolution. With over $17.8 billion in new capital, total ETF-held Bitcoin exceeding 1.28 million BTC, and total value nearing $151 billion, the asset class is institutionalizing.

Whether driven by financial repression, inflation hedging, or the search for convex digital assets, the story is no longer about “when” institutions will adopt Bitcoin. It’s about how fast they are rewriting the rules of portfolio construction.

Commitment to Constructive Engagement

The Digital Chamber is a non-profit trade organization committed to promoting blockchain adoption. We envision a fair and inclusive digital and financial ecosystem where everyone has the opportunity to participate. Access to digital assets is not merely a technological advancement but a fundamental human right, crucial for economic and social empowerment. Through targeted education, advocacy, and strategic collaborations with government and industry stakeholders, we drive innovation and shape policies that create a favorable environment for the blockchain technology ecosystem.

Jasmine Fosque leads the Economic Intelligence Division at The Digital Chamber. Her research focuses on digital asset infrastructure, regulatory design, and macroeconomic signals in crypto markets.

For inquiries or interviews, reach out at jasmine@digitalchamber.org.

For media inquiries, please contact press@digitalchamber.org.

The President’s Working Group report, “Strengthening American Leadership in Digital Financial Technology,” is a roadmap for the next three years to fill in the gaps in areas Congress has yet to begin legislating. This will guide regulators and agencies to begin rulemaking and reviewing existing guidance, so that the United States is positioned to lead globally in crypto. We appreciate the Task Force’s efforts, led by Bo Hines, that adopted critical TDC recommendations such as:

1. Directing the SEC to consider using its rulemaking and exemptive authority under the Securities Act to establish a fit-for-purpose exemption from registration for token issuances. 
2. Establishing that the CFTC should have clear authority to regulate spot markets in non-security digital assets. 
3. Ensuring issuers of digital asset securities, and of securities involving digital assets, should be subject to disclosure requirements that are appropriately tailored to address the novel characteristics of digital assets and blockchain technology. 
4. Supporting clear guidance from relevant agencies allowing Americans to custody their own digital assets without relying on intermediaries.  
5. Clarifying that developers and non-custodial blockchain infrastructure providers are not financial institutions. 
6. Directing agencies to identify, secure and gain access to digital asset keys in seized electronic evidence — bolstering the U.S. government’s digital asset stockpile and providing a strategic advantage as other jurisdictions build their own reserves. 
7. Encouraging federal digital identity guidelines to adopt privacy-enhancing cryptographic technologies like zero-knowledge proofs (ZKPs). 
8. Calling for clear legal protections for decentralized finance (DeFi) protocols that operate autonomously without holding user funds—ensuring DeFi can flourish onshore. 
9. Directing regulators and agencies to collaborate with industry experts to encourage globally consistent regulatory standards that leaves room for innovation, ensuring American interests and companies aren’t burdened by overregulation in the U.S. or abroad. 
10. Advocating that NIST integrate blockchain’s unique benefits into emerging government technology standards to strengthen federal digital infrastructure. 

For media inquiries, please contact press@digitalchamber.org.

Washington, D.C. | JULY 2025 — Today, The Digital Chamber (TDC), announces a new strategic partnership with Orbital Beam Consortium (OBC). This alliance brings together the nation’s leading blockchain policy advocate and a global data and intelligence powerhouse. The partnership will elevate industry voices and advance an innovation-friendly environment for real-world asset (RWA) adoption across government, enterprise, and capital markets.

TDC’s and OBC’s partnership includes targeted advocacy efforts and curated opportunities for strategic alignment between stakeholders in both organizations.

“This partnership reflects a new playbook for cross-sector collaboration,” said Merris Badcock, Vice President of Industry Relations at The Digital Chamber. “By joining forces with Orbital Beam, we’re creating a strategic bridge between regulatory leadership and the innovators shaping tomorrow’s markets. Our goal is to align the people building in this space with the policymakers shaping it—before the window for meaningful influence closes.”

“This is not just a handshake — it’s a meaningful alliance built on aligned values and a long-term view of the ecosystem,” said Scott Bourke, Founder of Orbital Beam Consortium. “We’re excited to work alongside The Digital Chamber to ensure the next generation of digital asset infrastructure is both regulatory-grade and globally competitive.”

Bourke will also join The Digital Chamber’s forthcoming Ambassador Program, a strategic initiative designed to elevate TDC’s visibility and influence, from Congress to regulators, by leveraging trusted voices to champion responsible innovation and modern policy approaches. In turn, Cody Carbone, CEO of The Digital Chamber, will join Orbital Beam Consortium’s Advisory Board to help guide its policy engagement and strategic vision. Merris Badcock, Vice President of Industry Relations at The Digital Chamber, will also join the Advisory Board, bringing expertise in industry engagement and coalition-building.

---

###

About The Digital Chamber 
The Digital Chamber is the world’s leading trade association representing blockchain and digital asset innovators. Founded in 2014, the organization has shaped national policy, defended the industry during its most challenging periods, and secured bipartisan support for blockchain innovation. Today, The Digital Chamber is building the future of the digital economy through education, advocacy, and strategic engagement in Washington and around the world. 

About Orbital Beam Consortium:

Orbital Beam is a private consortium for founders, protocols, and institutions building real-world infrastructure on-chain. We’re not an accelerator. We’re a high-trust network that connects serious operators with regulators, enterprise partners, capital allocators, and policy insiders. Members get direct access to the people and insights that drive adoption—from government grant intel to investor deal flow, compliance support, and curated IRL strategy sessions. If you’re building for the real world, you belong inside this one.

Website: www.digitalchamber.org 

The Digital Chamber (TDC), in partnership with our affiliate, the Digital Power Network (DPN), welcomes the White House’s release of “America’s AI Action Plan,” a vital step toward securing U.S. leadership in artificial intelligence and critical digital technologies. 

We are encouraged by the Administration’s commitment to fostering innovative and resilient AI ecosystems that advance national security, economic competitiveness, and American values. In particular, the Plan’s focus on public-private collaboration, investment in next-generation infrastructure, and modernization of permitting processes on federal lands echoes the policy priorities championed by both TDC and DPN. 

Supporting a Resilient and Open AI Future 

As the leading voice for the digital asset and blockchain industry, TDC has long advocated for a regulatory environment that supports open, decentralized innovation. Our members are at the forefront of building decentralized AI (DeAI) systems – leveraging blockchain technology to promote transparency, resilience, and public trust across the full AI stack. We applaud the Administration’s recognition of the importance of open and secure digital software and infrastructure, and urge continued support for policies that enable the development and deployment of decentralized AI solutions alongside traditional models. 

Empowering American Energy and Compute 

DPN shares the Administration’s view that modernizing our nation’s digital infrastructure is essential for ensuring American energy dominance, as well as our AI leadership. Streamlined permitting, efficient land use, and enhanced domestic manufacturing capabilities are key to the success of the data center industry and to the broader economy. By embracing the critical role of flexible load operations, such as Bitcoin mining and cloud computing, the U.S. can decentralize critical workloads, alleviate grid pressure, unlock new economic opportunities, and increase the resilience of our digital backbone. 

A Call for Balanced, Forward-Looking Policy 

As America advances its AI leadership, we encourage policymakers to ensure that new laws and regulations remain technology-neutral and embrace the full spectrum of AI architectures. By supporting both decentralized and centralized systems, the U.S. can maximize innovation, enhance security, and democratize participation in the AI economy. 

TDC and DPN stand ready to work alongside the Administration and Congress to shape a future where American ingenuity and democratic values define the next era of artificial intelligence. 

For media inquiries, please contact press@digitalchamber.org.