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GateVentures: AI and forecasting markets are sought after by capital, institutional funds continue to increase the number of on-chain infrastructure
According to GateVentures 'latest weekly report, global markets rebounded menacingly last week driven by the easing of geopolitical conditions. The U.S. stock market recovered its weekly decline, but the Federal Reserve maintained its hawkish stance and the CPI rose to 4.2%. The market's continued expectation of high interest rates was further strengthened. The crypto market recovered simultaneously, with BTC and ETH rising 3.8% and 2.1% respectively, but spot ETF funds still maintained a net outflow.<br />
At the industry level, AI, predictive markets and institutional infrastructure have become the focus of market attention. The decentralized AI project Bittensor (TAO) rose 31.5% in a single week; the U.S. Commodity Futures Trading Commission (CFTC) proposed a regulatory framework for sports event contracts to provide clearer regulatory expectations for predicting the development of the market industry;LG Group and Arbitrum jointly explored blockchain advertising network applications to further expand the Web3 commercialization scenario.<br />
In terms of investment and financing, a total of 9 transactions last week disclosed total financing of US$584.6 million. Among them, DigitalAsset completed US$355 million in financing to accelerate the application of Canton Network in the capital market;Morpho received US$175 million in financing to promote the construction of an online credit network; and forecast market infrastructure provider EDGEMarkets completed US$29.2 million in financing.