Building America’s Leadership in the Digital Asset Economy

Blockchain technology is transforming how value moves, businesses operate, and financial markets function. From payments and tokenized assets to decentralized infrastructure and digital identity, VC-backed companies are building next-generation internet infrastructure. 

The U.S. has an opportunity to lead this transformation, but innovation requires regulatory certainty. Clear, durable rules of the road will allow entrepreneurs and investors to build responsibly in America while protecting consumers and strengthening financial markets. 

Startup Spotlight: Fireblocks provides secure infrastructure that enables financial institutions, fintech companies, and digital asset firms to safely custody, transfer, and manage digital assets. The company supports many of the world’s largest banks, asset managers, and payment providers as they expand into blockchain-enabled financial services. 

Fireblocks demonstrates how venture-backed companies are building the trusted infrastructure needed for institutional adoption of digital assets. Clear regulation will help innovative companies like Fireblocks continue developing secure, compliant products in the United States. 

By the Numbers:  

• More than $85 billion has been invested globally in blockchain and crypto startups over the past five years.  

• Thousands of U.S. startups are building blockchain applications across financial services, cybersecurity, payments, gaming, infrastructure, healthcare, and supply chain management.  

Policy Priorities  

Advance the CLARITY Act 

Innovators need a predictable regulatory framework that clearly defines how digital assets are regulated and which agencies oversee them. Regulatory uncertainty discourages investment, drives entrepreneurs overseas, and creates unnecessary compliance risks for startups. 

NVCA supports advancing the CLARITY Act to establish clear rules for digital assets that promote responsible innovation, strengthen U.S. competitiveness, and provide meaningful consumer protections. 

Implement Smart Digital Asset Regulation: As Congress establishes a legislative framework for digital assets, successful implementation will be just as important as the legislation itself. Regulations should encourage innovation while maintaining strong safeguards for consumers, investors, and financial stability. 

NVCA supports thoughtful implementation of the GENIUS Act and, once enacted, the CLARITY Act, ensuring regulators develop balanced rules that foster innovation, provide regulatory certainty, strengthen market integrity, and protect consumers.

Meet The Policy Expert

Ashlyn Roberts
VP, Government Affairs