Odaily Planet Daily reports that trader Ansem (@blknoiz06) posted on the X platform that billions of dollars in stablecoin funds are currently on the sidelines, waiting to re-enter the risk asset market. Ansem believes that in the coming weeks, market participants will gradually realize that major crypto assets do not need to reach new all-time highs, and fund rotation may occur earlier than expected. He stated that as stablecoin funds flow back into the risk asset market, the market may see a stronger upward trend.

Odaily Planet Daily reports that NVIDIA CEO Jensen Huang announced partnerships with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR to establish an independent financing platform. The platform plans to leverage over $500 billion in third-party capital to support AI infrastructure development. Huang stated that the AI industry is transitioning from a phase where companies purchase chips and build data centers on a project-by-project basis to a new phase where AI factories serve as financeable productive infrastructure. AI computing power is becoming an investable asset, characterized by long-term institutional capital support, repeatable construction, and diverse customer adoption. NVIDIA explained that AI factories encompass not only GPUs but also high-speed networks, system software, AI frameworks, and the CUDA ecosystem. Based on a globally adopted architecture, AI factories can serve diverse customers, cloud providers, and application scenarios, possessing strong asset liquidity and residual value. In this collaboration, Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR will independently evaluate specific projects, including customer needs, computing power utilization, cash flow, and asset value. Nvidia will provide the AI factory platform, while financial institutions will be responsible for long-term capital and financing capabilities. Jensen Huang stated that Nvidia may provide up to 25% residual value support in some projects, but this will be carefully evaluated on a project-by-project basis. This mechanism is intended to supplement, rather than replace, the independent judgment of institutional investors. He believes that AI factories will become the "infrastructure of the intelligent era," similar to how electricity, transportation, and communication infrastructure drove past industrial revolutions. Future growth in AI computing demand will create a cycle of "more computing power driving stronger AI, stronger AI creating more revenue, further driving computing power demand."

According to an article published on the X platform by a Fox Business crypto reporter, the SEC will hold a public meeting at 10:00 AM Eastern Time on Friday to consider whether to issue a public notice proposing a customized issuance system for certain investment contracts involving crypto assets.

According to Onchain Lens monitoring, a whale transferred 500 bitcoins, worth approximately $32 million, to FalconX; 274 bitcoins, worth approximately $17.5 million, to the Cumberland OTC exchange; and another 500 bitcoins were transferred to a new address, possibly to Galaxy Digital. The total value of these transfers is $81.5 million.