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MARKETS DAILY: Crypto Update | AI Exposure On-Chain: Breaking Down Helix's AI Index

CoinDesk Podcast Network

CoinDesk

Business News, Daily News, News, Tech News

4.7698 Ratings

🗓️ 30 January 2025

⏱️ 11 minutes

🧾️ Download transcript

Summary

The latest price moves and insights with Jennifer Sanasie and Injective Labs co-founder Eric Chen. To get the show every day, follow the podcast here. Injective Labs co-founder and CEO Eric Chen joins CoinDesk to discuss the launch of an AI index perpetual market and the common goal of TradFi and DeFi to bring assets on-chain. This content should not be construed or relied upon as investment advice. It is for entertainment and general information purposes. - From our sponsor:  In Chinese, belief means trust. For 10 years, Consensus has united those who believe in building a new internet where everyone has value. Join us at Consensus Hong Kong February 18 - 20, 2025 where belief becomes real. Connect with global leaders, innovators, and investors shaping the future of Web3, and experience the power of collaboration at the industry's most influential event. Register now: https://go.coindesk.com/3BeigBq - This episode was hosted by Jennifer Sanasie. “Markets Daily” is produced by Jennifer Sanasie and edited by Victor Chen. All original music by Doc Blust and Colin Mealey. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:00.0

I think one of the most interesting thing about the existing AI index is that it oftentimes includes like a well-diversified tech giants, like Microsoft, etc.

0:08.0

That has multiple lines of business.

0:09.8

And they're not necessarily getting as much exposure or as much of the upside or volatility behind, you know, like something that's exclusively AI.

0:27.6

We all want to believe in something. In Chinese, belief also means trust.

0:30.6

We want to trust our systems and each other,

0:33.6

so we can build a future beyond what we know.

0:36.6

Join us at Consensus Hong Kong where belief becomes real.

0:41.1

Hello and welcome to Markets Daily, hosted by me, Jen Sanasi.

0:45.2

On this show, we navigate the crypto waters, providing insights against the broader financial

0:49.9

landscape.

0:50.5

So whether you're actively investing or simply watching the crypto markets because they are

0:55.4

insane sometimes, this show is your compass to understanding what's happened, where we are and where

1:01.0

we're going. On today's show, we have Injective Lab CEO and co-founder Eric Chen. Eric, it's wonderful to

1:07.0

see you again. Thanks so much for having me. Of course. Well, you have some news this

1:12.3

morning. Helix, a decentralized exchange built on injective launched an AI index perpetual market.

1:19.0

This is giving investors exposure to stock and crypto AI related assets all on chain. I know that's

1:26.6

a little bit of a mouthful.

1:27.9

Just lay the foundation for us.

1:29.5

Talk to us a little bit about what this is and who the ideal investor is.

1:34.3

Yeah, I mean, this is under the backdrop of BlackRock Larry Fink saying that, you know,

1:40.4

he wants to see the SEC proving tokenization of bonds and stocks.

1:45.7

And recently the very, very bullish statement from Jerome Powell on, you know, seeing a future for banks and

...

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