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Crypto

Blockchain nears institutional readiness; tokenisation to drive growth

Senior figures in the Ethereum ecosystem said blockchain technology is approaching a level where institutions can gain confidence, and that asset tokenisation and the spread of artificial intelligence could help blockchain become a core financial infrastructure. Ethereum co-founder Joseph Lubin said both technical maturity and regulatory clarity are improving and that institutions need not choose only public or private blockchains. Tom Lee said finance and AI settlement infrastructure could be built on Ethereum, with tokenisation and AI agents key drivers.

AI & Enterprise

Science ministry says homegrown AI foundation model project to proceed as planned

South Korea's Ministry of Science and ICT confirmed it will proceed as planned with its homegrown AI foundation model project through February, rejecting some speculation it could be halted. The ministry said nothing has been decided on whether to set up a special-purpose company for frontier-level AI development. It also said it recognises the need to concentrate financial support on developing top-tier AI models and has reviewed options including an SPC and equity investment.

Industry

Generational divide seen as biggest barrier to EVs as interest drops after age 50

U.S. consumers’ willingness to buy an electric vehicle is more sharply divided by age than by political leaning, a survey released by the Zero Emission Transportation Association showed. Interest fell markedly after age 50. About 36 percent of those aged 18 to 34 and 40 percent of those 35 to 49 said they were very likely to buy or lease a new EV, compared with 18 percent of those 50 to 64 and 4 percent of those 65 and older.