BlackRock Digital Asset Head: Artificial Intelligence Will Be Core Driver of Next Crypto Cycle

CycleProphet · 2026-03-25T02:22:16+00:00

BlackRock's Head of Digital Assets Robbie Mitchnick pointed out at a Digital Assets Summit that artificial intelligence is becoming a long-term driver in the cryptocurrency sector, with institutional clients showing increased interest in BTC and ETH while interest in other tokens is weakening. He believes cryptocurrency is poised to become infrastructure for the AI economy.

CycleProphet

2026-03-25 02:22:16

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Deep Tide TechFlow News, March 25 — According to CoinDesk, Robbie Mitchnick, Head of Digital Assets at BlackRock, stated at the New York Digital Asset Summit that artificial intelligence (AI) is becoming a more long-term driving force in the cryptocurrency space than the expansion of altcoins.

Mitchnick pointed out that institutional clients are heavily focused on BTC and ETH, with interest in other tokens continuing to decline. He believes that most tokens in circulation are “worthless,” and the dominance of leading tokens changes very frequently, with only BTC and ETH maintaining sustained market positions.

Regarding the relationship between AI and cryptocurrencies, Mitchnick describes cryptocurrencies as “computer-native currencies,” which naturally complement AI’s “computer-native data and intelligence.” He believes it is highly unlikely that AI agents will adopt traditional payment systems like Fedwire or SWIFT, and that cryptocurrencies could become the infrastructure for the AI economy.

BTC1.19%

ETH1.66%

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