AI rout hits software stocks, but Grayscale says blockchains stand to benefit

As AI rattles tech stocks, Grayscale's head of research said blockchains will power intelligent agents’ transactions and help offset emerging risks. What to know : Grayscale’s Zach Pandl said AI and blockchains are fundamentally complementary, even as crypto has sold off alongside software stocks amid AI-driven market volatility. Pandl argued blockchains could become the financial rails for AI agents, enabling wallet-based, 24/7 global transactions. He also said blockchains may help address AI risks such as deepfakes and centralized control.