... corporate—are being established worldwide, attracting significant institutional capital for investments in high-tech industries. Notably, established firms from Silicon Valley are also increasing their presence. For example, venture giant Andreessen Horowitz (a16z) is raising a record new fund of around $20 billion, primarily focused on late-stage investments in American AI startups. According to industry research, funds in the U.S. currently hold unprecedented reserves of "dry powder"—over $300 ...

... current price incorporates inflated expectations. It is also worth noting the role of venture investors and funds. Almost all projects on the list, except possibly Wayfinder, have received support from well-known VCs. A large number of recognizable logos (a16z, Sequoia, Binance Labs, Coinbase Ventures, Animoca, etc.) next to a token's name undoubtedly lends weight to the project in the eyes of the community. For institutional investors, participation from such funds may signify extensive due diligence ...