IBS Intelligence Global FinTech Interviews
00:14:30 · Saumya Saxena, Puja Sharma
[00:14:30] S1: I think like this is about actions. It doesn't matter what people say, are they deploying? Like are they deploying capital? And uh, I don't think Indian funds have been as actively deploying capital uh in the crypto blockchain space because a lot of that uh capital has been going into AI uh over the past, I think, two years. And I think it's just like a sense of the market everywhere where a lot of the capital is going in AI. And I see AI not as a you know competing sector, but a sector that's just gonna create like more and more value for blockchain, right? Like if if everyone can create a fake image, who verifies that? So you you really need uh crypto and blockchain ledger technology to be able to say with confidence that, hey, okay, this is real versus this is not. And and so like they're just where are these AI agents transacting? They are all transacting on the blockchain, right? So it's uh I think a lot of lots of use cases. In fact, just earlier today, there's uh this team uh that raised a $5.5 million round uh with Coinbase ventures invested in them. And uh and I think they are also building like for uh from the India market, right? So I think there are lots of uh there's vice in that. I think there are lots of opportunities for Indian founders to just go deeper in the space and uh take it seriously. Uh, the venture capital uh flow will follow, is my sense. [00:15:51] S0: Saumya Saxena, global builder lead at base, Coinbase.