Former Snap Chief Strategy Officer: Cryptocurrency and AI are "two different animals" and should not be confused.

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Deep Tide TechFlow News, March 9th, according to CoinDesk, Proem Asset Management, a technology investment firm with a management scale of $450 million, founded by former Snap Chief Strategy Officer Imran Khan, recently stated that cryptocurrencies hardly play a role in its AI investment strategy.

Khan pointed out that the core logic of AI investment is productivity enhancement and economic growth, whereas cryptocurrencies follow a completely different investment logic, and the two should not be confused. Nevertheless, Proem still holds positions in Coinbase (COIN), Robinhood (HOOD), Bitcoin mining company Iren (IREN), and spot Bitcoin ETF (IBIT), but these are all part of the company’s broader technology sector investments, not specific AI strategies.

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