AI and Blockchain Convergence Reshapes Crypto Industry
Explore how AI and blockchain are merging, VC funding trends, and the US-China tech race in this week's Crypto Biz analysis.
The convergence between blockchain technology and artificial intelligence (AI) is intensifying, with key figures like Ben Goertzel advocating for decentralized AI. The World Economic Forum highlighted this trend in 2024, emphasizing the synergies between spatial computing, blockchain, and AI.
US-China Tech Rivalry
Prominent crypto venture capitalist Marc Andreessen described the AI race between the US and China as a "Cold War-style" battle for technological dominance. This rivalry was a focal point at Web Summit Vancouver, where a panel moderated by the author explored AI investment dynamics.
AI Venture Capital Dominance
AI startups are currently outpacing crypto in venture capital funding. According to PitchBook, AI attracted nearly 60% of global VC funding in Q1 2025, totaling $73 billion. A significant portion came from OpenAI's $40 billion funding round. In contrast, crypto startups raised $4.8 billion in the same period.
AI-Native Financial Institutions
Sean Neville, co-founder of Circle, raised $18 million for Catena Labs, an AI-native financial institution backed by Andreessen Horowitz. Neville predicts that "AI agents will soon conduct most economic transactions," highlighting the transformative potential of AI in finance.
Decentralized AI on Solana
Nous Research secured $50 million in funding led by Paradigm to build decentralized AI on Solana. The startup, valued at $1 billion, aims to rival centralized AI models like OpenAI and DeepSeek by leveraging community-driven, decentralized training methods.
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About the Author

Dr. Emily Wang
AI Product Strategy Expert
Former Google AI Product Manager with 10 years of experience in AI product development and strategy formulation. Led multiple successful AI products from 0 to 1 development process, now provides product strategy consulting for AI startups while writing AI product analysis articles for various tech media outlets.