Crypto's future is bright in the context of AI's assault on software firms, says Kraken-backed investment firm

What: A Kraken-backed investment firm predicts a bright future for crypto due to AI's impact on software firms.
Why: The firm believes AI's disruption of traditional software companies will drive investors towards crypto as a safe-haven asset.
Signal: The investment firm points to the growing adoption of AI in various industries as a key driver for crypto's growth.
Target: The firm is targeting **$10 billion** in investments for AI-related projects in the crypto space by **2028**.
Risk: The firm acknowledges that regulatory uncertainty and market volatility remain significant risks for crypto investors.