Zhao will remain an adviser as Story Protocol enters its next phase under SY Lee’s leadership, while he launches Poseidon to bring AI into frontier industries like science and space.

Rick Rieder cited strong earnings, high yields and low volatility as drivers of today’s favorable investing climate, while warning complacency remains a risk.

A rising bitcoin price is seen as most favorable for Galaxy's digital assets business, while miners fight a rising network hashrate, the report said.