Demex Daily #350: Inversion Capital Revolutionizing Business with Crypto on Avalanche
What’s Interesting Today:
Santiago Roel Santos, founder of Inversion Capital, is tackling crypto adoption by leveraging Avalanche's Layer 1 (L1) to transition traditional businesses to blockchain. Inversion’s goal is to create the first crypto-native private equity strategy, acquiring traditional businesses and integrating them onto blockchain infrastructure. In contrast to speculative crypto uses, Inversion aims to enhance business operations with blockchain, focusing on real GDP onchain. They plan to acquire businesses with strong user bases, replacing inefficient systems with crypto rails and offering essential services like mobile, banking, and stablecoins. Avalanche was chosen for its flexibility, privacy, interoperability, and cost-effective deployment, making it an ideal foundation for Inversion’s mission to accelerate crypto adoption and improve business efficiency.
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Akash Network, a decentralized computing marketplace, plans to scale its GPU supply by targeting 11,000 professional and 7 million edge data centers globally. The platform has seen strong growth, with $4.3 million in annual recurring revenue and a 70% GPU utilization rate. To maintain this growth, Akash offers financing models and guarantees utilization through mechanisms like discounts for early tenants. The network’s expansion will focus on AI companies, with services such as GPU leasing and value-added offerings to boost fees. Akash is transitioning towards a services model, with plans to launch a services economy platform in 2025.