Svmuu News: Michael Anderson, co-founder of Framework Ventures, noted in his analysis that the core opportunities in the next phase of the crypto industry may no longer be limited to crypto assets themselves, but rather lie in serving as the financing infrastructure for capital-intensive industries such as artificial intelligence, robotics, and energy, with blockchain acting as the capital layer.
Compared to the 2020–2021 cycle, which centered on DeFi and crypto speculation, tokenization and stablecoins are evolving from crypto-native applications into financial infrastructure serving the real economy, providing more efficient financing channels for assets such as GPU computing power and energy projects. Currently, over $300 billion in on-chain stablecoin liquidity provides a new source of funding for asset-backed lending, making it possible to package equipment that is traditionally difficult to securitize—such as servers and computing hardware—into financeable assets. (CoinDesk)