Latest news with #ZigChain
Yahoo
21-05-2025
- Business
- Yahoo
Altcoin Rotation Is Coming, Expert Says: Will ETH, XRP, Dogecoin Benefit?
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. While Bitcoin (CRYPTO: BTC) trades near its all time high price, Abdul Rafay Gadit, co-founder of ZigChain, believes that the broader crypto market is primed for a shift. What Happened: In an interview with Benzinga, Gadit argued that investors should prepare for a strong rotation into altcoins as macroeconomic pressures ease and interest rates begin to fall. He also named decentralized finance and tokenization as the most undervalued sectors in crypto, citing their real-world utility and long-term growth potential. "Eighty to ninety percent of tokens are down, but Bitcoin has skewed the entire market perception," Gadit said. "Once rate cuts begin and inflation stabilizes, money will flow to other assets as well." While he acknowledged the dominance of Bitcoin in attracting institutional capital, Gadit insisted that altcoins tied to productive use cases will be the next to gain traction. Trending: — no wallets, just price speculation and free paper trading to practice different strategies. Bullish On Tokenization And DeFi Gadit is particularly optimistic about the future of tokenized real-world assets (RWAs). He believes that bringing traditionally illiquid assets such as real estate, private credit, and equities onto blockchain rails will drive the next wave of crypto adoption. "The DeFi sector overall, especially tokenization, is pretty much undervalued right now," he said. "If a real use case of AI or tokenization can lower the operational costs of blockchain, it could be massively disruptive." ZigChain is currently working with Zamanat, a Sharia-compliant RWA tokenization platform, to tokenize $2.5 billion worth of real estate in Dubai over the next three years. "Think of a $15 million family office that usually can't access private credit deals with high entry minimums. Through tokenization, even those chunks can be broken down into $1,000 units and accessed globally," he said. Retail Inclusion And Infrastructure Investment While other platforms like Ondo Finance (CRYPTO: ONDO) focus on institutions, ZigChain is betting on retail adoption. Gadit emphasized that ZigChain is building an all-in-one infrastructure layer that enables tokenized assets, stablecoins, and DeFi products to co-exist seamlessly. "The end user should not even feel that they are working on a blockchain," he said. Gadit also disclosed that ZigChain is investing in acquiring a fund tokenization license from the Dubai International Financial Centre (DIFC), viewing this as a key milestone in legitimizing tokenized asset offerings. "That license alone shows how serious we are. Most serious tokenization players won't even launch their own token for the next five years—they're focused on infrastructure," he Bitcoin To Altcoins: Institutional Appetite Matures Despite ongoing regulatory shifts and geopolitical uncertainty, Gadit is confident that institutional interest in crypto is accelerating. "Every day in Dubai, I meet someone from a large family office or desk who's looking to enter crypto," he said. "It always starts with Bitcoin, but eventually they begin to explore other tokens and asset classes." He added that this institutional behavior, especially after spot Bitcoin ETF approvals, has helped Bitcoin maintain its strength above $100,000. However, Gadit expects a shift: "Barring any black swan events, I think my thesis for the next 12 to 24 months is that the market will do well, and altcoins will catch up." In terms of specific sectors, Gadit highlighted three areas with high long-term potential: Layer-1 blockchains with real use cases, exchange tokens, and tokenized assets. "DEX tokens like Uniswap and Radium will benefit as volumes shift to decentralized trading venues. Exchanges, whether Bitget or Binance, are just buy-and-hold bets for me," he added. Crypto Investing Is Maturing Gadit believes the market is becoming more disciplined in how it evaluates crypto projects. "Gone are the days when you could raise money on promises alone," he said. "Now, revenue and user adoption are the key metrics. Token price is no longer enough." He noted that many high-profile protocols have underperformed due to inflated valuations and poorly designed tokenomics. "It's the fault of the cap table. When investors are already 10x up at launch, you're racing to the bottom." Even with ongoing hype cycles, whether around AI or other narratives, Gadit believes real utility will win out. "We use AI internally to reduce costs and increase margin, but we don't shout about it. The projects that quietly solve real problems will be the ones that last." Read Next: New to crypto? Get up to $400 in rewards for successfully completing short educational courses and making your first qualifying trade on Coinbase. A must-have for all crypto enthusiasts: Sign up for the Gemini Credit Card today and earn rewards on Bitcoin Ether, or 60+ other tokens, with every purchase. Image: Shutterstock Send To MSN: Send to MSN This article Altcoin Rotation Is Coming, Expert Says: Will ETH, XRP, Dogecoin Benefit? originally appeared on
Arabian Business
27-02-2025
- Business
- Arabian Business
Venture builder Disrupt.com to invest $100m to fuel AI-first startups from the UAE
UAE-based venture builder announced a $100 million commitment to build and back AI-first technology ventures globally. The firm's $100 million commitment targets five strategic sectors: artificial intelligence as a cross-cutting theme, plus cybersecurity, Web 3.0, automotive technology, and retail innovation. The company said it primarily targets pre-seed to Series A stage startups that demonstrate strong organic growth potential and clear paths to profitability. The announcement comes as regional funding has declined sharply, with MENA venture capital investment down 29 per cent to just under $2 billion in 2024, according to Magnitt. Global AI venture funding said its current portfolio showcases its model's effectiveness, including ZigChain, a Web3.0 platform that has scaled to over 500,000 users and hundreds of millions in managed assets; PureSquare, a cybersecurity venture; and UAE-homegrown fitness apparel brand Squatwolf. The firm has already deployed capital as a strategic investor in several AI-focused startups including organizational transformation platform Agentnoon and climate action scaling tool Ahya. Founded by Aaqib Gadit, Uzair Gadit, and Umair Gadit – three Pakistani university friends who grew up in the same household – represents the founders' reinvestment of capital following their successful 2022 exit of cloud hosting platform Cloudways to US-listed Digital Ocean Holdings. The founders are now channelling their entrepreneurial expertise and capital back into the ecosystem through a unique venture-building approach from their UAE headquarters. 'Now is the time to be doubling down on our experience, financial investment and commitment required to help build the next wave of startups that will shape the future of the world as we know it,' said Aaqib Gadit, founding partner of 'With Web 3.0 in its infancy and AI storming into our lives, the opportunity to problem solve and create businesses that will fit the needs of how people live and work is up for the taking,' he said.
