Institutional Perspective: Why Pump, Hyperliquid, Venice, and EtherFi Are Still Undervalued?
Podcast: Bankless
Compilation: Yuliya, PANews
Recently, crypto venture capital firm RockawayX has been raising funds for a newly established $150 million liquidity opportunity fund after acquiring the crypto hedge fund Relayer Capital. The fund will be led by Relayer’s founder and former CoinFund partner Austin Barack, focusing on uncovering undervalued crypto tokens and related equities.
In the latest episode of the Bankless podcast, Austin Barack provided a detailed breakdown of his investment philosophy of “growth and value.” He noted that the core opportunities in the crypto market have shifted from infrastructure to applications, and shared why he dedicates 95% of his efforts to the secondary market. Using rigorous fundamental valuation models, Austin delved into the actual growth potential and valuation logic behind assets such as Venice, Pump, Hyperliquid, and EtherFi.
$SWARMS This trash won’t see any real action in the short term. New money doesn’t seem interested, and the business model still needs to be validated. Wait until the later part of the bull market and then it’ll be done for—pulled out! Right now it’s all about playing RWA + DeFi
The hottest sectors right now are RWA + DeFi. Even CZ is calling for IPOs—huge amounts of capital are about to enter the market. The AI sector will only rotate in later!
SOL is stupid, just support a stock tokenization matching platform that can be built with any kind of launch pad—there’s basically no technical or product barriers. And they don’t even properly support AI agent launch pads like Swarms to counter Virtual.#SOL #swarms #virtual
#Swarms The team currently needs to reshape market trust. Besides the technology and the product itself, the most important thing is to adjust the economic model—actually implement the DAO governance that was promised for 2025 and the planned share buyback, rather than endlessly issuing new tokens. Even if the technology and product are amazing, it still won’t be able to recover market trust and reputation. Also, because Swarms is open source, the market can give back to the product and technology, enabling a virtuous cycle of growth and development.
Third-party AI framework advantages will attract more and more attention#SWARMS🔥🔥🔥
深潮 TechFlow
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Deep Tide TechFlow updates: On August 17, according to The Information, Anthropic and OpenAI are accelerating the rollout of AI applications and features tailored to specific industries. Some enterprise customers are concerned that, in the future, the two companies may prioritize their strongest AI capabilities for their own products rather than making them available to external businesses via APIs.
This trend shifts the relationship between model providers and enterprise customers from foundational technology collaboration to potential competition. If top-tier model capabilities increasingly tilt toward proprietary applications, enterprises may need to reassess their reliance on AI infrastructure vendors, supply-chain arrangements, and long-term technology strategy.
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