A16z Crypto Backs $15M Poseidon Initiative to Decentralize AI Training Data

Poseidon Secures Major Funding to Transform AI Data Sourcing San Francisco’s Poseidon has landed $15 million in seed funding, with a16z Crypto (Andreessen Horowitz’s blockchain investment arm) leading the round. The funding will jumpstart Poseidon’s mission to build a decentralized, IP-cleared data pipeline poised to revolutionize artificial intelligence training by tackling the industry’s shortage of high-quality, legally licensed…

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Citadel to SEC: Tokenized Securities Must Offer Real Financial Innovation, Not Exploit Loopholes

As the U.S. Securities and Exchange Commission (SEC) moves closer to establishing a regulatory framework for tokenized securities, financial giant Citadel Securities is urging caution. In a recent statement, the firm emphasized that blockchain-based securities must bring tangible advancements in efficiency not just serve as a regulatory workaround. Tokenization Needs to Enhance Market Function, Not…

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