Two well-known venture capitalists from a16z, Chris Dixon and David George, discussed the future of "AI x Crypto" on 6/1. They pointed out that AI solves "cognitive and reasoning problems," while cryptocurrencies solve "trust and collaboration problems." They also emphasized that future AI will not only create content but will also place orders, make payments, run business operations, and complete entire business processes. Cryptocurrencies are the key to making this automated business truly possible.
Dixon directly stated that stablecoins can now enable instant global transfers, essentially creating a "WhatsApp for financial flows." This can significantly reduceary allow transaction settlement and verification processes to seamlessly. also predicted that "AI x Crypto" will build a "native digital economy".
[Rest of the document translated similarly, maintaining the structure andCrypto: Solving Organizational Coordination and Value Exchange Problems, Forming a Network-Native Economy
In the future, with the emergence of AI agents, there will be a need for payment and trust mechanisms between humans and AI, and even between AI agents, which is precisely where blockchain can play a role.
Winner-Takes-All is the Iron Law of the Tech World, Don't Choose the Wrong Side
At the end of the conversation, both emphasized that "winner-takes-all" is ultimately the iron law of the tech world, and choosing the wrong platform means being left on the sidelines. George mentioned his investment philosophy:
"In each category, I only want to choose the best one. If you only come in second place, you might as well not invest."
(Exposing the AI Doomsday Hoax? AI Crypto Czar Sacks: EA, Anthropic, and Biden's Staff Deliberately Manipulate)
Risk Warning
Cryptocurrency investment carries high risks, and prices may fluctuate dramatically. You may lose all your principal. Please carefully assess the risks.
US stablecoin giant Circle is about to go public (IPO). According to Bloomberg, Circle raised nearly $1.1 billion at a price of $31 per share. The pricing is higher than previously expected, indicating that stablecoin issuers are gaining broader recognition. The company's stock will begin trading today (6/5) on the New York Stock Exchange, with the ticker symbol CRCL.
(Circle Challenges IPO Again, Achieving Net Profit Despite Headwinds - Is Stablecoin a Good Business?)
Table of Contents
ToggleCircle IPO Scale and Valuation Adjusted Again, Oversubscribed 25 Times
Just two days ago, Circle was trying to sell 32 million shares at a price of around $27 to $28 per share. At the highest price, Circle's fully diluted valuation would reach $7.2 billion, higher than the initially estimated $5 billion.
(Circle Raises IPO Scale: Valuation Up to $7.2 Billion, BlackRock and Ark Invest Positioning Early)
The latest pricing increases Circle's market value to $6.9 billion. Including employee stock options, restricted stock units, and warrants, the company's fully diluted valuation is approximately $8.1 billion.
Circle sold 14.8 million shares in this IPO, while existing shareholders sold 19.2 million shares. Informed sources revealed that the demand is more than 25 times the existing subscription volume when orders were stopped on Tuesday.
Circle to Trade with Code CRCL Today
Informed sources revealed that asset management giant BlackRock intends to purchase up to 10% of the IPO shares, and Cathie Wood's Ark Invest has also stated it will invest $150 million. This indicates that stablecoins are transforming from crypto trading tools to new-generation financial infrastructure, rapidly attracting mainstream capital.
This IPO is led by JPMorgan Chase & Co., Citigroup Inc., and Goldman Sachs Group Inc. The company's stock is expected to begin trading on Thursday (6/5) on the New York Stock Exchange, with the ticker symbol CRCL.
Risk Warning
Cryptocurrency investment carries high risks, and prices may fluctuate dramatically. You may lose all your principal. Please carefully assess the risks.
