Recent developments in the cryptocurrency and blockchain sectors indicate a significant shift among U.S. public companies toward integrating with Web3 and AI infrastructure. Notably, Canton Strategic Holdings, Inc. divested its biotech division to transform into a blockchain-focused entity, while Empery Digital Inc. invested $20 million in Cardinal Data Power, which is developing a large-scale data center in Texas. These moves reflect a broader trend of traditional firms embracing blockchain technology and AI to enhance their operational capabilities.
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Link to original article source: https://www.kucoin.com/news/flash/canton-sells-biotech-unit-to-focus-on-blockchain-empery-digital-invests-20m-in-gigawatt-data-center
