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          <StateAbbreviationCd>DC</StateAbbreviationCd>
          <ZIPCd>20090</ZIPCd>
        </USAddress>
        <RecipientEIN>861976152</RecipientEIN>
        <IRCSectionDesc>501(C)(6)</IRCSectionDesc>
        <CashGrantAmt>150000</CashGrantAmt>
        <NonCashAssistanceAmt>0</NonCashAssistanceAmt>
        <ValuationMethodUsedDesc>BOOK</ValuationMethodUsedDesc>
        <PurposeOfGrantTxt>ADVOCATE FOR INCREASED REGULATORY CLARITY AROUND STAKING, DRIVE GREATER AWARENESS AND UNDERSTANDING OF STAKING, AND ADDRESS CONCERNS AND QUESTIONS ABOUT HOW CURRENT REGULATIONS IMPACT THE INDUSTRY.</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>CHAMBER OF DIGITAL COMMERCE DBA THE DIGITAL CHAMBER</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>1667 K STREET NW SUITE 640</AddressLine1Txt>
          <CityNm>WASHINGTON</CityNm>
          <StateAbbreviationCd>DC</StateAbbreviationCd>
          <ZIPCd>20006</ZIPCd>
        </USAddress>
        <RecipientEIN>471183361</RecipientEIN>
        <IRCSectionDesc>501(C)(6)</IRCSectionDesc>
        <CashGrantAmt>150000</CashGrantAmt>
        <NonCashAssistanceAmt>0</NonCashAssistanceAmt>
        <ValuationMethodUsedDesc>BOOK</ValuationMethodUsedDesc>
        <PurposeOfGrantTxt>ESTABLISH A STATE ADVOCACY NETWORK TO ADDRESS THE GROWING INFLUENCE OF STATE-LEVEL POLICYMAKING ON THE DIGITAL ASSET INDUSTRY. ADDRESS STATE PROPOSALS RELATED TO FINANCIAL SERVICES, SECURITIES, TAX, AND CONSUMER PROTECTION REGULATION.</PurposeOfGrantTxt>
      </RecipientTable>
      <Total501c3OrgCnt>0</Total501c3OrgCnt>
      <TotalOtherOrgCnt>4</TotalOtherOrgCnt>
    </IRS990ScheduleI>
    <IRS990ScheduleN documentId="RetDoc1043100001">
      <LiquidationOfAssetsTableGrp>
        <LiquidationOfAssetsDetail>
          <AssetsDistriOrExpnssPaidDesc>CASH</AssetsDistriOrExpnssPaidDesc>
          <DistributionDt>2025-03-27</DistributionDt>
          <FairMarketValueOfAssetAmt>150000</FairMarketValueOfAssetAmt>
          <MethodOfFMVDeterminationTxt>FAIR VALUE</MethodOfFMVDeterminationTxt>
          <EIN>831360900</EIN>
          <BusinessName>
            <BusinessNameLine1Txt>THE BLOCKCHAIN ASSOCIATION</BusinessNameLine1Txt>
          </BusinessName>
          <USAddress>
            <AddressLine1Txt>1155 F STREET NW SUITE 300</AddressLine1Txt>
            <CityNm>WASHINGTON</CityNm>
            <StateAbbreviationCd>DC</StateAbbreviationCd>
            <ZIPCd>20004</ZIPCd>
          </USAddress>
          <IRCSectionTxt>501(C)(6)</IRCSectionTxt>
        </LiquidationOfAssetsDetail>
        <LiquidationOfAssetsDetail>
          <AssetsDistriOrExpnssPaidDesc>CASH</AssetsDistriOrExpnssPaidDesc>
          <DistributionDt>2025-03-27</DistributionDt>
          <FairMarketValueOfAssetAmt>50000</FairMarketValueOfAssetAmt>
          <MethodOfFMVDeterminationTxt>FAIR VALUE</MethodOfFMVDeterminationTxt>
          <EIN>471315917</EIN>
          <BusinessName>
            <BusinessNameLine1Txt>COIN CENTER INC</BusinessNameLine1Txt>
          </BusinessName>
          <USAddress>
            <AddressLine1Txt>650 MASSACHUSETTS AVENUE NW</AddressLine1Txt>
            <CityNm>WASHINGTON</CityNm>
            <StateAbbreviationCd>DC</StateAbbreviationCd>
            <ZIPCd>20001</ZIPCd>
          </USAddress>
          <IRCSectionTxt>501(C)(4)</IRCSectionTxt>
        </LiquidationOfAssetsDetail>
        <LiquidationOfAssetsDetail>
          <AssetsDistriOrExpnssPaidDesc>CASH</AssetsDistriOrExpnssPaidDesc>
          <DistributionDt>2025-03-27</DistributionDt>
          <FairMarketValueOfAssetAmt>150000</FairMarketValueOfAssetAmt>
          <MethodOfFMVDeterminationTxt>FAIR VALUE</MethodOfFMVDeterminationTxt>
          <EIN>861976152</EIN>
          <BusinessName>
            <BusinessNameLine1Txt>CRYPTO COUNCIL FOR INNOVATION</BusinessNameLine1Txt>
          </BusinessName>
          <USAddress>
            <AddressLine1Txt>PO BOX 96503</AddressLine1Txt>
            <CityNm>WASHINGTON</CityNm>
            <StateAbbreviationCd>DC</StateAbbreviationCd>
            <ZIPCd>20090</ZIPCd>
          </USAddress>
          <IRCSectionTxt>501(C)(6)</IRCSectionTxt>
        </LiquidationOfAssetsDetail>
        <LiquidationOfAssetsDetail>
          <AssetsDistriOrExpnssPaidDesc>CASH</AssetsDistriOrExpnssPaidDesc>
          <DistributionDt>2025-03-27</DistributionDt>
          <FairMarketValueOfAssetAmt>150000</FairMarketValueOfAssetAmt>
          <MethodOfFMVDeterminationTxt>FAIR VALUE</MethodOfFMVDeterminationTxt>
          <EIN>471183361</EIN>
          <BusinessName>
            <BusinessNameLine1Txt>THE DIGITAL CHAMBER</BusinessNameLine1Txt>
          </BusinessName>
          <USAddress>
            <AddressLine1Txt>1667 K STREET NW SUITE 640</AddressLine1Txt>
            <CityNm>WASHINGTON</CityNm>
            <StateAbbreviationCd>DC</StateAbbreviationCd>
            <ZIPCd>20006</ZIPCd>
          </USAddress>
          <IRCSectionTxt>501(C)(6)</IRCSectionTxt>
        </LiquidationOfAssetsDetail>
      </LiquidationOfAssetsTableGrp>
      <DirectorOfSuccessorInd>0</DirectorOfSuccessorInd>
      <EmployeeOfSuccessorInd>0</EmployeeOfSuccessorInd>
      <OwnerOfSuccessorInd>0</OwnerOfSuccessorInd>
      <ReceiveCompensationInd>0</ReceiveCompensationInd>
      <AssetsDistributedInd>1</AssetsDistributedInd>
      <RequiredToNotifyAGInd>1</RequiredToNotifyAGInd>
      <AttorneyGeneralNotifiedInd>1</AttorneyGeneralNotifiedInd>
      <LiabilitiesPaidInd>1</LiabilitiesPaidInd>
      <BondsOutstandingInd>0</BondsOutstandingInd>
    </IRS990ScheduleN>
    <IRS990ScheduleO documentId="RetDoc1044400001">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>THE RETURN IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND THEN REVIEWED BY THE PRESIDENT. A COMPLETE COPY IS PROVIDED TO THE ENTIRE BOARD PRIOR TO FILING WITH THE IRS.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 12C</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ORGANIZATION WILL IDENTIFY, AND TAKE APPROPRIATE STEPS TO ADDRESS ACTUAL AND POTENTIAL CONFLICTS OF INTEREST THAT MAY MATERIALLY COMPROMISE OR BE PERCEIVED TO MATERIALLY COMPROMISE ITS ETHICAL OR PROFESSIONAL JUDGMENT. IT WILL TAKE REASONABLE STEPS TO ELIMINATE ANY MATERIAL CONFLICTS OF INTEREST. WHERE IT IS CONCLUDED THAT A SPECIFIC MATERIAL CONFLICT OF INTEREST CANNOT REASONABLY BE ELIMINATED, IT WILL PUT IN PLACE APPROPRIATE ARRANGEMENTS TO MANAGE SUCH CONFLICT. MEASURES TO ELIMINATE OR MANAGE CONFLICTS OF INTEREST INCLUDE: SEGREGATING DUTIES AND/OR REPORTING LINES; ESTABLISHING INFORMATION BARRIERS; AND PROVIDING TRAINING TO RELEVANT PERSONNEL TO ENABLE THEM TO IDENTIFY AND HANDLE CONFLICTS OF INTEREST. BOARD MEMBERS AND OFFICERS WILL DISCLOSE ANY MATERIAL CONFLICT OF INTEREST THAT HAS NOT BEEN ELIMINATED, AS WELL AS MEASURES TAKEN TO MANAGE SUCH CONFLICTS, TO ENABLE POTENTIALLY AFFECTED PARTIES TO DECIDE BEFOREHAND WHETHER THEY WISH TO PROCEED WITH A TRANSACTION OR SERVICE.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION C, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>ALL FINANCIAL DOCUMENTS ARE HELD AT THE ASSOCIATION FOR DIGITAL ASSET MARKETS' MAIN OFFICE AND ARE AVAILABLE FOR REVIEW UPON REQUEST.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
  </ReturnData>
</Return>