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Crypto's next frontier isn't crypto, it's financing AI and robotics, Framework's Anderson says
Key takeaways
- That's the thesis behind Framework Ventures' new $400 million fund, announced Friday.
- The industry looks fundamentally different from the 2020-21 cycle, when much of crypto revolved around DeFi protocols, DAOs and products built primarily for crypto users.
- "There was this time in 2020 and 2021 where we were building crypto products to serve crypto users," Anderson said.
That's the thesis behind Framework Ventures' new $400 million fund, announced Friday. The crypto-focused venture firm says tokenization and stablecoins are evolving from crypto-native products into financial infrastructure for sectors that need new ways to raise capital.
"The industry has moved in the direction of bringing these technologies — tokenization, blockchain itself, decentralized networks — to other markets that can utilize the technology in a new and novel way," co-founder Michael Anderson told CoinDesk in an interview.
The industry looks fundamentally different from the 2020-21 cycle, when much of crypto revolved around DeFi protocols, DAOs and products built primarily for crypto users.
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