Eva

We build and invest in early vertical AI and research-driven founders.

[Eva @evaxsong]

The K3 moment is the second time in 18 months that an open-source model reached frontier-grade performance overnight — at a fraction of the cost. It certainly will not be the last.

Running the fastest model is no longer a competitive advantage. Any model you pick will be matched within a year.

Freedom starts with a model-agnostic architecture — one that lets you switch models as costs and capabilities evolve. But agnosticism only tells you what not to depend on. The question my investment banking and wealth management clients keep asking is the harder one:

➡️What should we own instead?
➡️What makes AI investment compound instead of evaporate?

The answer is the assets only your firm can generate: your order books, client relationship history, years of deals structuring experience in certain domain. A compounding asset is knowledge that (a) is produced as a by-product of your own operations, (b) cannot be purchased by any competitor, and (c) grows more valuable with every transaction, client, and decision that flows through it.

The value of these assets lives in their connections, which investor showed up in which deal, which response won which mandate. That's why the infrastructure that matters most is a #knowledgegraph running in your own environment—portable across models, owned outright, and enriched after every deal. It gives you the freedom to adopt every new frontier model on your own terms, while the intelligence that creates your competitive advantage stays with you.

Rent the intelligence. Own the moat.

[Eva @evaxsong]

Every company relying on @glean today will eventually build its own knowledge graph.

Paying $100K/year for someone to host and storage your knowledge graph is like renting an apartment while your landlord builds the equity.

Your company's knowledge should be its biggest competitive advantage, not another SaaS subscription.

[Eva @evaxsong]

I just experienced the exact same thing today, and thank God @leochen had told me his story beforehand.

Do NOT download anything called “Zoom SDK.” It’s a HACK‼️

Nathan from StudioB and I originally connected at Permissionless 2024. (mentioning the CEO here so he's awared @han_phillip ) Nathan reached out last week on TG asking to catch up. The meeting invite we set didn’t have a link. Then, five minutes before the call, he sent over a Zoom link.

When I clicked it, it didn’t open the Zoom app I already have on my laptop. Instead, it opened a Zoom-looking browser window. Inside the “meeting,” there were three Asian people already sitting there (two men, one woman). My mic was disabled. The browser immediately prompted me to download a Zoom SDK to “upgrade.”

That’s when I remembered what Leo told me. I exited immediately and messaged Nathan on TG saying I couldn’t join his Zoom link and sent him my Google Meet instead. He didn’t join, and then he instantly deleted our entire Telegram chat history.

I’m sharing this so this hacking path gets spread around and fewer people get caught by it.

[leochen @leochen]

https://t.co/6f4vx7wLzs

[Eva @evaxsong]

@57blocks and @UtopaiStudios are hosting a Sunset Yacht Afterparty during hashtag #ICCV2025 in Honolulu!
Join fellow computer vision researchers, engineers, and founders for an evening of live DJ music, unlimited drinks, and great conversations on the waters of Waikiki.

This private cruise is designed to bring together the brightest minds in AI and CV in a relaxed island setting.

📅 Date: October 22, 2025 | 4:30 – 7:00 PM
🎟️ Spots are limited – sign up to join us on board!

Spots are limited again, so please register it soon. We will choose 60 guests on Oct 20.

@ICCVConference

[Eva @evaxsong]

@57blocks and @UtopaiStudios are hosting a Sunset Yacht Afterparty during hashtag @ICCVConference #ICCV2025 in Honolulu!
Join fellow computer vision researchers, engineers, and founders for an evening of live DJ music, unlimited drinks, and great conversations on the waters of Waikiki.

This private cruise is designed to bring together the brightest minds in AI and CV in a relaxed island setting.

📅 Date: October 22, 2025 | 4:30 – 7:00 PM
🎟️ Spots are limited – sign up to join us on board!

Spots are limited again, so please register it soon. We will choose 60 guests on Oct 20.

👉 https://t.co/eF4EfZs3zo

[Eva @evaxsong]

@57Blocks and @UtopaiStudios are hosting a Sunset Yacht Afterparty during hashtag #ICCV2025 in Honolulu!

Join fellow computer vision researchers, engineers, and founders for an evening of live DJ music, unlimited drinks, and great conversations on the waters of Waikiki.

This private cruise is designed to bring together the brightest minds in AI and CV in a relaxed island setting.

📅 Date: October 22, 2025 | 4:30 – 7:00 PM
🎟️ Spots are limited – sign up to join us on board!

Spots are limited again, so please register it soon. We will choose 60 guests on Oct 20.

👉 https://t.co/eF4EfZs3zo

[Naval @naval]

If you’re selling, your job isn’t to sell, it’s to build trust.

[Eva @evaxsong]

In life, you are either growing or dying.
You can’t be in certain level then just chill. Inflation and everything else will eat you things away.

Keep growing, keep grinding.

[Eva @evaxsong]

The lack of transparency and the lack of information reduce the value of an object.

[Eva @evaxsong]

I just published Will $BMNR Start Luna 2.0? https://t.co/Vm8Wg5i19I

[Eva @evaxsong]

@zengjiajun_eth brutal

[Eva @evaxsong]

@AskPerplexity @defidisciple_ @Evan_ss6 we need to closely monitor Powell's Jackson Hole speech this week. If it signals no rate cuts or a rate hike, ETH could be the first to be impacted. Historical data shows that for every 1% increase in the 10-year Treasury yield, ETH falls by an average of 28% within 60 days.

[Eva @evaxsong]

@StellarOrg 💛

[Eva @evaxsong]

@StellarOrg @57blocks 💛

[Eva @evaxsong]

You can find inspiration in everything.

* if you can’t, look again
—— Paul Smith

[Eva @evaxsong]

@lizengco Follow a group of lunch inspiration on instagram 🤣

[Eva @evaxsong]

What’s on your mind?

[Ethereum @ethereum]

10 years of Ethereum.

[Eva @evaxsong]

Memecoin Revolution: a NEW era of corporate reserves on the horizon?

Today, 160 public companies collectively hold 923,327 BTC (worth over $100B), representing 4.6% of the total Bitcoin supply.

💡Institutions Are Expanding Beyond Bitcoin — But Not All Altcoins Are Created Equal

Institutional interest in crypto reserves has moved beyond Bitcoin. Solana and Ethereum have joined the shortlist, with companies like Sol Strategies and SharpLink holding large amounts for their staking rewards, speed, and utility. For instance, Solana has attracted $600M in corporate holdings (~3.3M SOL), and Ethereum is now held more by institutions than by the Ethereum Foundation itself (~920K ETH worth ~$3.5B).

🙋🏻‍♂️Are there other altcoins worth holding?

$BNB is powerful within the Binance ecosystem, offering fee discounts, staking, and massive daily activity (~2M users, $7.5B DEX volume). But it’s deeply tied to Binance’s centralized operations, and its DeFi TVL is low relative to its $111B market cap, raising concerns about overvaluation. Its hybrid nature—centralized utility + open ecosystem—makes it hard to model for institutions.

$SUI, launched in 2023, has shown strong early DeFi traction, with TVL and DEX activity rising in step with its market cap. Its ecosystem is focused on gaming and developer tools, and though it lacks Ethereum/Solana’s tooling depth, it may be reaching institutional readiness.

$XRP, built for payments—not DeFi—offers regulatory clarity and real-world use, especially after Ripple’s legal win. But with no staking and minimal fee income, its $180B market cap looks misaligned with actual economic activity.

👀The current moment is a filtering phase. Only tokens with strong utility, staking rewards, and developer momentum will likely earn a place in corporate treasuries. Institutional interest doesn't always signal quality—it may just mean liquidity testing. Still, the crypto reserve landscape is no longer Bitcoin-only.

A new wave of contenders is emerging—staking, building, and competing for institutional trust.

[Eva @evaxsong]

👀

[camol @camolNFT]

BREAKING NEWS: PumpFun $PUMP presale contract has no withdrawal function.

This effectively means the $500M raised is locked forever, as the smart contract is unable to be updated.