PANews reported on May 1 that according to CoinDesk, a new government relations consulting firm composed of former government officials, NexusOne Consulting, has begun operations in Washington, DC, aiming to help cryptocurrency and artificial intelligence companies shape US policies. The company is led by white-collar defense attorney Jeff Ifrah, former government lawyer Jim Trusty who represented the Trump administration, and Ross Branson, who served in the Commerce Department during Trump's first presidential term. Ifrah said in a press release that this is a rare opportunity to shape the future of technology policy, and the company must ensure that innovators are not just passively responding to policies, but can actively influence policies.

Trump has said he wants to make the United States the "cryptocurrency capital of the world" and has begun to build a strategic Bitcoin reserve. NexusOne Consulting, located directly across from the White House, bills itself as a bridge between the private industry and the government, and plans to lobby for companies at the forefront of artificial intelligence, cryptocurrency and social platforms.