Core Insights - Grayscale Investments has announced updated fund component weightings for its various crypto investment products in connection with their second quarter 2025 reviews [1] Fund Adjustments - The Grayscale Decentralized Finance (DeFi) Fund (DEFG) has rebalanced its portfolio by selling existing fund components and purchasing Ondo (ONDO), which is now included in the fund [2] - The Grayscale Smart Contract Fund (GSC Fund) has removed Polkadot (DOT) from its portfolio and added Hedera (HBAR) following a similar rebalancing process [2] - The AI Fund has adjusted its portfolio by selling existing components and reallocating the proceeds, although specific new components were not detailed [3] Fund Component Weightings - As of July 3, 2025, the DEFG's fund components include: - Uniswap (UNI) 34.01% - Aave (AAVE) 30.74% - Ondo (ONDO) 18.22% - MakerDAO (MKR) 6.69% - Curve (CRV) 5.30% - Lido (LDO) 5.04% [6] - The GSC Fund's components include: - Ether (ETH) 30.22% - Solana (SOL) 29.87% - Cardano (ADA) 18.57% - Sui (SUI) 8.78% - Avalanche (AVAX) 6.76% - Hedera (HBAR) 5.80% - Bittensor (TAO) 29.10% - NEAR Protocol (NEAR) 28.41% - Render (RENDER) 17.34% - Filecoin (FIL) 16.38% - The Graph (GRT) 8.77% [7] Fund Objectives - The DeFi Fund aims to provide exposure to leading decentralized finance platforms through a market cap-weighted portfolio designed to track the CoinDesk DeFi Select Index [9] - The GSC Fund seeks to provide exposure to leading smart contract platforms through a market cap-weighted portfolio designed to track the CoinDesk Smart Contract Platform Select Capped Index [11] - The AI Fund focuses on providing exposure to protocols building decentralized AI services and solutions to centralized AI-related problems [16]

Company Overview - Nebius Group NV is an AI infrastructure startup backed by Nvidia, focusing on autonomous mobility and decentralized AI [1][5] - The U.S.-based subsidiary, Avride Inc., powers real-world robotaxis and delivery bots for Uber and Uber Eats, with operations in Austin, Dallas, and Jersey City [2][3] Technology and Operations - Avride's self-driving vehicles are retrofitted Hyundai Ioniq 5s equipped with advanced sensors and custom compute hardware [3] - The company is also deploying delivery robots that can navigate urban environments, with operations extending from the U.S. to Seoul [3] Strategic Partnerships - In March 2025, Nebius formed a strategic partnership with Hyundai to develop commercial robotaxis, enhancing its market position [4] - All manufacturing of delivery robots is conducted in Taiwan, strengthening its supply chain capabilities [4] Market Position and Investment Sentiment - Nebius aims to establish itself as the leading AI operating system for autonomous mobility, leveraging Nvidia's support and avoiding the constraints of legacy automakers [5] - The company's growth is viewed positively by contrarian investors, especially as Jim Cramer has opted not to invest, which some interpret as a bullish signal [6]

Join Messari's @br_slack on June 29th to discuss scaling deAI 👇Epic Web3 🧞‍♂️ (@epicweb3):🧱 From Tools to Ecosystems — Scaling deAI with PurposeHow do dev tools become full-blown agent ecosystems? What does it take to scale decentralized AI with real utility?Join a sharp panel of investors and ecosystem builders:– @jennapilgrim, Head of Platform, @coinfund_io– https://t.co/AWlj5aB1uW ...

Core Insights - Exabits has joined the AI Agent Alliance to enhance decentralized AI projects by providing access to enterprise-grade compute resources and democratizing AI infrastructure [1][3][5] - The AI sector is experiencing rapid growth, but projects face challenges in accessing necessary infrastructure due to high costs and limited availability from major cloud providers [2][3] - The AI Agent Alliance aims to create an open, user-owned AI ecosystem, allowing developers to train and deploy AI models without centralized constraints [4][5] Company Overview - Exabits is a compute base-layer platform established in 2021, transforming GPU clusters into tokenized financial assets and accessible digital investments [6] - The company provides AI-ready GPUs, including models like 4090s, A100s, H100s, and H200s, to both Web2 enterprises and decentralized Web3 protocols [6][7] - Exabits focuses on enabling users to invest in GPU infrastructure, generating yield through tokenized compute assets [6] Industry Context - The AI sector is witnessing significant growth, with increasing demand for compute resources, highlighting the need for decentralized solutions [2][3] - Major cloud services like AWS, Microsoft Azure, and Google Cloud are becoming less viable due to rising costs and customization needs, creating opportunities for alternative infrastructure providers [2][3] - The AI Agent Alliance includes various projects such as Near AI, Coinbase, and others, all working towards a collaborative and open AI ecosystem [4]