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Fidelity Digital Assets: AI may boost crypto activity but bypass blockchain value

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Fidelity Digital Assets has warned that while AI agents could significantly increase activity in the cryptocurrency space, much of the resulting value may not flow through blockchains or their tokens. The firm suggests that AI's integration with crypto could drive greater transaction volumes and automation. However, the underlying blockchain infrastructure and token ecosystems may not directly capture the economic benefits generated. This presents a key challenge for investors and developers banking on AI as a catalyst for token value appreciation.

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Fidelity Digital Assets: AI may boost crypto activity but bypass blockchain value · ShortSingh