This week has been pivotal for technology and finance, showcasing remarkable investments in sectors such as AI, Web3, and cryptocurrency. SoftBank is gearing up to inject nearly $1 billion into generative AI, zeroing in on innovative Nvidia technology, with an ambitious timeline to roll out a Japanese-language AI model by 2025. In cryptocurrency, Shiba Inu has garnered a $12 million investment through various respected venture capitalists to launch a new 'layer three' blockchain, reinforcing its presence in decentralized finance (DeFi). In addition, Fidelity's Bitcoin ETF received $40 million from two distinguished traditional U.S. financial advisors, which is the largest single contribution to any Bitcoin fund so far. This surge of investment reflects a growing interest across industries in AI, cryptocurrency, and Web3.

Shiba Inu (SHIB), the renowned memecoin, is making waves in the decentralized finance (DeFi) sector with their newly envisioned 'layer three' blockchain, backed by a substantial $12 million investment from prominent crypto venture capitalists. Key investors include Animoca Brands, Big Brain Holdings, Mechanism Capital, DWF Ventures, and Spirit Dao, all set to supercharge SHIB’s ecosystem with the upcoming launch of TREAT, a utility and governance token tailored to bolster this emerging blockchain network. The innovative TREAT blockchain, built on Shibarium’s layer-2 architecture, is anticipated to enhance SHIB's functionality and introduce cutting-edge privacy features through 'Fully Homomorphic Encryption' (FHE), facilitating secure data processing without the need for decryption.

We’re excited to share that we’ve successfully secured a groundbreaking $12 million from key VC partners, paving the way for our next-level Fully Homomorphic Encryption (FHE) blockchain.

Fidelity Reports a Record $40 Million Investment from Legacy Financial Advisers into Bitcoin ETF 150 billion yen ($960 million) In a noteworthy development, Legacy Wealth Management and United Capital Management of Kansas have made substantial contributions totaling $40 million to Fidelity’s Bitcoin exchange-traded fund (ETF), the Wise Origin Bitcoin Fund (FBTC). This marks the largest single investment in a Bitcoin fund to date, with each advisor contributing $20 million. This influx of capital from traditional finance underscores a rising interest in bitcoin assets. However, Jim Bianco of Bianco Research notes a continuing low engagement from mainstream investors, while Bloomberg analyst Eric Balchunas sees this as a sign of increasing acceptance within the investment community. Despite the commitment of $40 million, Bitcoin ETF interest has faltered, with net withdrawals reaching $36.7 million on April 15.

We’ve just set a new record for investments in one of the Bitcoin ETFs: two different advisers each allocated $20 million, one hailing from Kansas and the other from Minnesota. This allocation constitutes a significant percentage of their portfolios, with 6% and 5% respectively, edging out a previous $17 million contribution from another advisor.

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