BTC $76,651.48 +9.09%
ETH $2,381.42 +5.36%
BNB $673.36 +6.68%
XRP $1.33 +19.25%
SOL $90.61 +5.21%
TRX $0.3388 +1.57%
DOGE $0.0837 +11.27%
ADA $0.2101 +14.22%
BCH $262.95 +22.99%
LINK $11.56 +9.62%
HYPE $73.63 +2.64%
AAVE $105.85 +9.09%
SUI $0.7789 +10.72%
XLM $0.1890 +11.43%
ZEC $640.75 +14.88%
BTC $76,651.48 +9.09%
ETH $2,381.42 +5.36%
BNB $673.36 +6.68%
XRP $1.33 +19.25%
SOL $90.61 +5.21%
TRX $0.3388 +1.57%
DOGE $0.0837 +11.27%
ADA $0.2101 +14.22%
BCH $262.95 +22.99%
LINK $11.56 +9.62%
HYPE $73.63 +2.64%
AAVE $105.85 +9.09%
SUI $0.7789 +10.72%
XLM $0.1890 +11.43%
ZEC $640.75 +14.88%

sr

All
Article
Flash

first_img GSR Market Director: Many tokenization platforms lack real trading volume, and speculation has exceeded actual usage

According to a report by Cryptonomist, GSR's market director Spencer Hallarn stated in an interview that the hype around tokenization has surpassed the actual usage on many platforms. The issue lies not in the market's demand for tokenized assets, but in the design of the platforms themselves. He pointed out that many walled garden-style tokenization platforms with strict KYC requirements generally lack meaningful trading volume, as cumbersome access and compliance processes limit activity.Hallarn believes that the real opportunity is not in tokenizing for the sake of tokenization, but in fixing the underlying pipelines of traditional banking and settlement systems, specifically the infrastructure for transferring funds and assets between institutions. This would make tokenization more of an infrastructure repair rather than merely a narrative of crypto products.He also mentioned that the stagnation in the crypto market this year is largely due to funds shifting towards AI infrastructure, with large tech companies raising substantial amounts of capital for AI infrastructure through equity financing, tightening the liquidity of various assets, and crypto is no exception. Its clients are also shifting from chasing short-term momentum to long-term budget planning, over-the-counter hedging, and RWA. If AI investment cools down and the Federal Reserve lowers interest rates, liquidity is expected to improve and support Bitcoin prices.

hot_img Israeli AI startup Decart is negotiating a sale with an estimated valuation of around $6-7 billion, with SpaceX and Amazon identified as potential buyers

According to exclusive reports from CTech (Calcalist), Israeli AI startup Decart is in deep negotiations with an international tech giant for a sale, with a valuation of about $6 to $7 billion, and the deal could be signed next week. Founded in 2023, Decart focuses on the development of real-time video generation AI models, employing around 100 people, and has raised approximately $450 million to date. The company just completed a $300 million funding round in May, with a valuation of $4 billion. Initial negotiations were with NVIDIA, and as they were nearing an agreement, another giant intervened, prompting the founder to shift focus to the new buyer. Industry speculation suggests the new buyer could be SpaceX, but Amazon and Nebius are also reportedly interested in participating.Decart's technological advantage lies in its ability to generate videos at a cost far lower than its competitors. SpaceX founder Elon Musk has maintained regular contact with co-founder Dean Leitersdorf since experiencing the game Oasis developed based on Decart's technology in 2024. Sequoia Capital partner Shaun Maguire (who organized Musk's post-war trip to Israel) has been investing in the company since the seed round. If the buyer is SpaceX, it will establish its first R&D center in Israel. Previously, SpaceX had acquired AI programming startup Cursor for $60 billion after its IPO, and acquiring Decart would further strengthen its position in the AI infrastructure sector.
app_icon
ChainCatcher Building the Web3 world with innovations.