AI selloff hits software stocks; Grayscale notes blockchains may benefit

Tech Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email AI rout hits software stocks, but Grayscale says blockchains stand to benefit As AI rattles tech stocks, Grayscale's head of research said blockchains will power intelligent agents’ transactions and help offset emerging risks. By Will Canny , AI Boost | Edited by Nikhilesh De Feb 26, 2026, 6:23 p. m. Make us preferred on Google AI rout hits software stocks, but Grayscale says blockchains stand to benefit. (CoinDesk) What to know : Grayscale’s Zach Pandl said AI and blockchains are fundamentally complementary, even as crypto has sold off alongside software stocks amid AI-driven market volatility. Pandl argued blockchains could become the financial rails for AI agents, enabling wallet-based, 24/7 global transactions. He also said blockchains may help address AI risks such as deepfakes and centralized control. Blockchains and artificial intelligence are complementary technologies, according to crypto asset manager Grayscale, even as markets have recently treated them as part of the same trade.