Breed retweeted
Hermes now drives ~2.5% of all global token usage...
The third major AI lab has arrived and the only one truly committed to open intelligence for everyone, not locked down by a closed corporate moat.
@Breed_VC is proud to have seeded @NousResearch in the early days and be a part of their journey. Congrats.
🚨BREAKING: Nous Research has raised $90 million at a $1.5 billion valuation after its open-source Hermes agent exploded in usage.
Hermes has been downloaded 22.7 million times since February.
Nous was at roughly $36 million in annualized revenue by mid-September. It expects to pass $100 million later this year.
1/3 We’re excited to back @hyperlink_xyz, a prime broker for Hyperliquid bringing lower fees, confidential positions/trading activity, & API-compatible execution to algo traders. As Hyperliquid scales, HyperLink is building the brokerage layer for it.
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Hyperliquid built the exchange.
HyperLink is building the broker.
We raised $2.5M from @Alliance @NorthIslandVC @hi_Reverie @Node_Cap @breed_vc @smartestmoney
Lowest fees. Private flow. Best execution.
Last month: $254M routed, 0.1% of Hyperliquid volume.
Next: 10% of HL.
Breed retweeted
Really enjoyed our AI panel @nickemmons & @flyingkittans.
Converge was fire. Proud of what the @TheBostonDAO put on. Congrats @CorbinPon @philmcm and the team on pulling off a great event.
Good crowd for:
Brave New World: How Big Tech and Startups Build Agentic Fintech at Converge.
@JedBreed / @breed_vc / @flyingkittans / @coinbase / @nickemmons / @AlloraNetwork
Breed retweeted
EXCLUSIVE: Solo GP Jed Breed raises $15 million for his second early-stage crypto fund theblock.co/news/deals/2026-…
Breed retweeted
🎉 Edition 60 of my newsletter, The Funding, is live!
Many thanks to @SPGlobal's Cameron Drinkwater, @tklocanas, @jdorman81, @jp_grabs, @cosmo_jiang, @JedBreed and @LexSokolin for sharing insights! 🙌
Compute is the new oil... We're proud to back @silicondata the financial infrastructure platform building the data, and trading infrastructure for AI compute.
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We are happy to announce a $30.5 million initial closing of our Series A, led by Valor Atreides AI Fund (@valor @Atreidesmgmt), with investments from @CMEVentures*, @DRWTrading, @FPrimeCapital, @SamsungNext, @vaneck_us, @further, @jumptrading, Tectonic Ventures, and @wintermute_t, and participation from @breed_vc, @hack_vc, @blank_vc, @SancusVentures, and @sogalventures.
The infrastructure underneath the round: daily GPU pricing benchmarks built from roughly 100 rental platforms in more than 40 countries, over 150,000 verified pricing records a day, continuous history since September 2024, alongside the GPU Forward Curve, the Silicon Data Token Index, the RAM Index, and SiliconMark performance benchmarking.
Our raise comes as @CMEGroup prepares to use Silicon Data benchmarks as the reference price for its planned cash-settled GPU futures market (pending regulatory approval) - a regulated instrument that will allow market participants to manage changes in GPU rental prices against a published, daily benchmark.
The Series A will fund expansion across four areas: benchmark pricing, performance measurement through SiliconMark, institutional market and alternative data, and risk infrastructure for derivatives, insurance and credit markets.
* Correction: in a previous post, we had mistakenly listed @CMEGroup as an investor instead of @CMEVentures.
Breed retweeted
The new AI Compute Network goes live on Friday (8/14) at Block 126,000. Code is being merged today.
Computers running AI inference will be able to mine $NOCK.
At launch:
- 30% of blocks mined will be AI.
- 70% of blocks mined will be ZK.
Please update your nodes before Friday!
1/3 We're excited to back @blockspace_eth - The Ethereum Infrastructure Company, building its next generation rails. As Ethereum evolves, Blockspace is building the infrastructure that helps its blockspace economy scale.
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2/3 Founded by the teams behind Gattaca and ultra sound, Blockspace combines years of protocol-level Ethereum expertise with unmatched distribution across the transaction pipeline. By strengthening Ethereum's out-of-protocol infrastructure, Blockspace is creating a more efficient and robust foundation for the network.
3/3 Huge congrats to @DrewVdW and the entire Blockspace team. With deep technical expertise, a clear alignment with Ethereum's long-term success, and a business model that compounds alongside network growth, Blockspace is well-positioned to become foundational infrastructure for Ethereum. Onwards!

























