UPDATED MON 26 OCT · 18:15 UTCLIVE
AIHigh

Crypto x AI: Native Currency Thesis Gains Momentum

CZ declared crypto will be the 'native currency for AI' at the BNB Standard Nasdaq bell ceremony; analysts, traders, and a16z all point to crypto-AI convergence as the next major rotation.

What we know

@TheBlockCo quoted CZ saying it remains unclear which tokens AI will use but he wants BNB Chain involved. @CoinDesk covered the Nasdaq Opening Bell ceremony. An account on X reported Chris Dixon's explanation that a16z Crypto is expanding into a16z Frontier because the lines between crypto, fintech, and mainstream tech are blurring. Another account on X called the AI-to-Crypto rotation 'one for the books.' another account on X argued every SaaS must become an AI router to monetize token order flow.

How the story developed

26 Oct · 18:15 UTC

CZ declared crypto will be the 'native currency for AI' at the BNB Standard Nasdaq bell ceremony; analysts, traders, and a16z all point to crypto-AI convergence as the next major rotation.

25 Oct · 20:15 UTC

CZ confirms BNB Chain documentation shows plans for an entirely new L1 (name TBD), separate from BSC, designed for high performance.

Sources

@TheBlockCo

“'Crypto is going to be the native currency for AI,' says CZ”

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By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.