Daily Alpha and Summary. March 7, 2025

DeFi

Encryption blockchain Seismic raise $7M led by a16z

Aethir integrates with EigenLayer blockchain framework

YZiLabs formerly Binance labs invests in Bittensor team, Tensorplex labs

Near expands its reach to Kyberswap as they partner to provide cross chain swap without bridging thanks to Near intents

Jito Foundation contributor Andrew Thurman proposes strategies for their revenue spend to provide to the protocol through buy backs and fee switch

State of the Market

Trump signed an executive order to establish a U.S Bitcoin Reserve and prohibiting the sale of the country’s 198,109 BTC holdings. However, the market reacted weird, as the government didn’t acquire Bitcoin through purchases but rather allocations from seized Bitcoins