AI and Staking Tokens Rally Ahead of Events; BlockFi Settlement May Fully Repay Customers

• AI-related tokens like Fetch.ai (FET) and SingularityNET (AGIX) rallied 30-35% as developers anticipate the upcoming Nvidia AI conference on March 18.

• Bankrupt crypto lender BlockFi reached a $874.5 million settlement agreement with FTX and Alameda estates, which could lead to full value recovery for its customers.

• Figment and Apex Group plan to launch Ether (ETHF) and Solana (SOLF) exchange-traded products on March 12 that provide staking rewards on top of asset price exposure.

• Solana’s futures open interest hit a record $2 billion, with its SOL token up 37% year-to-date.

• Pantera Capital is reportedly raising funds to purchase a large portion of SOL tokens from the FTX bankruptcy estate.