Industry Reports

The essay discusses the recent entry of large companies and ETFs into the tokenized securities market, highlighting growth driven by regulatory support and increasing institutional demand, with Ondo Global Markets managing over 250 tokenized instruments valued at nearly $2.6 billion.

Security firm BlockSec has re-evaluated the AI-powered smart contract audit assessment benchmark called EVMBench, which was developed by OpenAI and Paradigm. The results show that AI bots are significantly less effective when faced with real-world exploit scenarios. The research team has expanded the environment

Microsoft announced on March 21 that it will reduce the number of entry points for AI assistant Copilot in Windows 11, with the first batch of applications to be cut including Photos, Notepad, and others. The company hopes to address consumer concerns about overuse of AI by adopting a more cautious integration strategy and focusing on delivering genuinely useful AI experiences.

OpenClaw is an open-source AI framework created by Austrian developer Peter Steinberger that rapidly rose to prominence within three months, becoming the focal point of Nvidia's GTC conference. Nvidia's CEO called it "the most popular open-source project" and launched the security service NemoClaw to promote its enterprise adoption.

At the Huawei China Partner Conference, Xiao Degang emphasized the close connection between AI technology and data storage, pointing out its role in promoting mutual empowerment. Through "Storage for AI" and "AI for Storage," synergistic development of technology and industry can be achieved.

Gate News reported that on March 21, according to the Financial Times, OpenAI plans to expand its workforce to 8,000 employees by the end of 2026 to narrow the team size gap with competitor Anthropic.

Meta clarified that its $80 billion loss is primarily attributed to accumulated losses from its Reality Labs division, which encompasses not only the metaverse but also Quest VR headsets and Ray-Ban AI glasses. Reality Labs continues to operate, with projected single-year losses exceeding $19 billion in 2025.

A certain CEX's asset management department has launched tokenized shares of a Bitcoin yield fund in collaboration with Apex Group, targeting non-US investors and adopting the ERC-3643 standard to achieve automated compliance. Institutions are accelerating asset tokenization to improve efficiency and reduce costs.

Kalshi has raised over $1 billion, increasing its valuation to $22 billion in just three months, signaling strong investor confidence despite regulatory challenges. Hyper-Growth in the ‘ Oracle Economy’ The U.S.-regulated prediction market, Kalshi, has reportedly raised more than $1 billion in a

Gate News reported that on March 21, the National Artificial Intelligence Application Pilot Base (Power Direction in Energy Sector) 2026 Alliance Work Conference and First Ecosystem Activity was held in Guangzhou. Eight enterprise institutions, including State Grid Digital Group's Artificial Intelligence Research Center, Huawei, ZTE, and Baidu, were formally established as the first batch of representatives to enter the pilot base.

Circle Completes IPO, Jeremy Allaire Emphasizes Stablecoins Still in Early Stage, Targeting to Build Digital Dollar Network Infrastructure and Next-Generation Financial Platform. Editor's Note: In 2025, stablecoin issuer Circle completed its IPO, becoming one of the most closely watched listing cases in the crypto industry in recent years. As the issuer of USDC, Circle is attempting to promote stablecoins from a trading tool in the crypto market to a digital dollar infrastructure capable of circulating in networks. In "The David

Solana Foundation Chair Lily Liu claimed on X platform that "blockchain gaming won't come back," sparking heated discussion in the GameFi circle. The market value of crypto games plummeted from a 2022 peak of $35 billion to $4.5 billion, a decline of 87%. She pointed out that games prioritizing earning mechanisms over gameplay itself caused the market to gradually shrink, while responses within Solana vary, with some projects still adjusting to seek survival.

Electric Capital's Real-World Asset Yield Research Report shows that only 34 on-chain real-world yield assets exceed $50 million in scale, primarily concentrated in areas such as U.S. Treasury bills, with the remaining 93% of yield assets not yet effectively tokenized on-chain, facing multiple legal and technical barriers.

Solana Foundation Chair Lily Liu stated that blockchain gaming will not make a comeback, citing the example of Mark Zuckerberg's Meta abandoning its metaverse vision after investing $80 billion, although Meta's strategy did not explicitly involve blockchain.

Hugging Face CEO Clément Delangue commented on the application of Chinese open-source models in AI products, noting that open source fosters competition. He highlighted that China is becoming a key player in global AI technology and emphasized that the focus of competition lies in the speed and capability of adaptation and fine-tuning.

Solana Foundation president Lily Liu stated in a post that blockchain gaming is dead and will not make a comeback. This comment stems from attention to Meta's abandonment of its metaverse vision, despite having no direct connection to blockchain. Companies like Mythical Games and Gunzilla Games continue to advance related projects.

BitFuFu (NASDAQ: FUFU) announced its 2025 financial report on March 20, with total revenue of $475.8 million, an increase of 2.7% year-over-year. Although cloud mining business grew, the company reported a net loss of $57.4 million due to digital asset losses and rising mining costs, sharply contrasting with the net profit of the previous year. Revenue from self-operated mining dropped significantly to $6.31 million.

The Hong Kong Securities and Futures Commission's Q4 2025 report shows that Hong Kong's virtual asset market continues to grow, with listed digital asset ETFs experiencing significant increases in total market value, and tokenized retail money market fund assets under management also rising notably. Fund net inflows surged 118.5%, demonstrating active market conditions.

Gate News report: On March 20, JD Cloud officially released the OpenClaw all-in-one machine, which supports processing 350 million to 1 billion Tokens per day on average. Meanwhile, JD Cloud simultaneously launched the CodingPlan service, providing users with Token packages and multi-model selection solutions.

Bitcoin mining company BitFuFu released its 2025 financial report, with annual revenue of $476 million, representing a year-over-year growth of 2.7%. Cloud computing power and mining machine sales revenue increased by 29.4% and 76.1%, respectively. The company's adjusted EBITDA was $8.32 million, computing power increased to 26.1 EH/s, and users grew to 676,000.