{"id":1049,"date":"2026-02-26T13:36:42","date_gmt":"2026-02-26T05:36:42","guid":{"rendered":"https:\/\/www.yqcsfz.com\/?p=1049"},"modified":"2026-02-26T13:36:42","modified_gmt":"2026-02-26T05:36:42","slug":"%e5%91%8a%e5%88%ab%e3%80%8c%e8%af%b4%e6%95%85%e4%ba%8b%e3%80%8d%e6%8b%bf%e8%9e%8d%e8%b5%84%ef%bc%9a%e4%bb%80%e4%b9%88%e6%a0%b7%e7%9a%84%e9%a1%b9%e7%9b%ae%e8%83%bd%e6%b4%bb%e8%bf%87-2026-%e5%b9%b4","status":"publish","type":"post","link":"https:\/\/www.manwah.net\/?p=1049","title":{"rendered":"\u544a\u522b\u300c\u8bf4\u6545\u4e8b\u300d\u62ff\u878d\u8d44\uff1a\u4ec0\u4e48\u6837\u7684\u9879\u76ee\u80fd\u6d3b\u8fc7 2026 \u5e74\uff1f"},"content":{"rendered":"<div class=\"thumbnail-container animate-lazy\"><img decoding=\"async\" loading=\"lazy\" width=\"750\" height=\"375\" class=\"attachment-jnews-750x375 size-jnews-750x375 lazyload wp-post-image\" alt=\"\u544a\u522b\u300c\u8bf4\u6545\u4e8b\u300d\u62ff\u878d\u8d44\uff1a\u4ec0\u4e48\u6837\u7684\u9879\u76ee\u80fd\u6d3b\u8fc7 2026 \u5e74\uff1f\" src=\"https:\/\/blockcast.it\/wp-content\/uploads\/2026\/01\/crypto-funding-750x375.jpg\" data-srcset=\"https:\/\/blockcast.it\/wp-content\/uploads\/2026\/01\/crypto-funding-750x375.jpg 750w, https:\/\/blockcast.it\/wp-content\/uploads\/2026\/01\/crypto-funding-360x180.jpg 360w, https:\/\/blockcast.it\/wp-content\/uploads\/2026\/01\/crypto-funding-1140x570.jpg 1140w\" data-sizes=\"auto\" data-expand=\"700\" title=\"\u544a\u522b\u300c\u8bf4\u6545\u4e8b\u300d\u62ff\u878d\u8d44\uff1a\u4ec0\u4e48\u6837\u7684\u9879\u76ee\u80fd\u6d3b\u8fc7 2026 \u5e74\uff1f\u63d2\u56fe\" \/><\/div>\n<\/div>\n<div class=\"entry-content no-share\">\n<div class=\"jeg_share_button share-float jeg_sticky_share clearfix share-monocrhome\">\n<div class=\"jeg_share_float_container\"><\/div>\n<\/p><\/div>\n<div class=\"content-inner \">\n<p><strong>\u4f5c\u8005\uff1aNikka \/ WolfDAO( X : @10xWolfdao )<\/strong><\/p>\n<hr \/>\n<h3>\u4e00\uff1aVC \u6295\u8d44\u903b\u8f91\u7684\u5267\u53d8<\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-134223\" src=\"https:\/\/blockcast.it\/wp-content\/uploads\/2026\/01\/3acf972e-2297-42c3-b292-66a02a41c243.png\"  width=\"1272\" height=\"776\" title=\"\u544a\u522b\u300c\u8bf4\u6545\u4e8b\u300d\u62ff\u878d\u8d44\uff1a\u4ec0\u4e48\u6837\u7684\u9879\u76ee\u80fd\u6d3b\u8fc7 2026 \u5e74\uff1f\u63d2\u56fe1\" alt=\"\u544a\u522b\u300c\u8bf4\u6545\u4e8b\u300d\u62ff\u878d\u8d44\uff1a\u4ec0\u4e48\u6837\u7684\u9879\u76ee\u80fd\u6d3b\u8fc7 2026 \u5e74\uff1f\u63d2\u56fe1\" \/><\/p>\n<p>Wintermute Ventures \u5728 2025 \u5e74\u7684\u4e00\u7ec4\u6570\u636e\u63ed\u793a\u4e86\u6b8b\u9177\u7684\u73b0\u5b9e\uff1a\u8fd9\u5bb6\u9876\u7ea7\u505a\u5e02\u5546\u548c\u6295\u8d44\u673a\u6784\u5168\u5e74\u5ba1\u67e5\u4e86\u7ea6 600 \u4e2a\u9879\u76ee\uff0c\u6700\u7ec8\u53ea\u6279\u51c6\u4e86 23 \u7b14\u4ea4\u6613\uff0c\u6279\u51c6\u7387\u4ec5\u4e3a 4% \u3002\u66f4\u5938\u5f20\u7684\u662f\uff0c\u8fde\u8fdb\u5165\u5c3d\u804c\u8c03\u67e5\u9636\u6bb5\u7684\u9879\u76ee\u90fd\u53ea\u6709 20% \u3002\u521b\u529e\u4eba Evgeny Gaevoy \u6beb\u4e0d\u8bb3\u8a00\u5730\u6307\u51fa\uff0c\u4ed6\u4eec\u5df2\u7ecf\u5f7b\u5e95\u544a\u522b\u4e86 2021-2022 \u5e74\u7684\u300c\u55b7\u6d12\u7948\u7977\u300d\u6a21\u5f0f\u3002<\/p>\n<p>\u8fd9\u79cd\u8f6c\u53d8\u5e76\u975e Wintermute \u7684\u4e2a\u6848\u3002\u6574\u4e2a\u52a0\u5bc6 VC \u751f\u6001\u5728 2025 \u5e74\u7684\u4ea4\u6613\u6570\u9510\u51cf\u4e86 60%\uff0c\u4ece 2024 \u5e74\u7684 2,900 \u591a\u7b14\u964d\u81f3\u7ea6 1,200 \u7b14\u3002\u8d44\u91d1\u867d\u7136\u8fd8\u5728\u6d41\u52a8\uff0c\u5168\u7403\u52a0\u5bc6 VC \u603b\u6295\u8d44\u91d1\u989d\u751a\u81f3\u8fbe\u5230\u4e86 49.75 \u4ebf\u7f8e\u5143\uff0c\u4f46\u8fd9\u4e9b\u94b1\u8d8a\u6765\u8d8a\u96c6\u4e2d\u5730\u6d41\u5411\u4e86\u5c11\u6570\u9879\u76ee\u3002\u540e\u671f\u9636\u6bb5\u6295\u8d44\u5360\u6bd4\u8fbe\u5230 56%\uff0c\u65e9\u671f\u79cd\u5b50\u8f6e\u7684\u4efd\u989d\u88ab\u538b\u7f29\u5230\u5386\u53f2\u4f4e\u70b9\u3002\u7f8e\u56fd\u5e02\u573a\u7684\u6570\u636e\u66f4\u80fd\u8bf4\u660e\u95ee\u9898\uff1a\u4ea4\u6613\u6570\u4e0b\u964d\u4e86 33%\uff0c\u4f46\u4e2d\u4f4d\u6570\u6295\u8d44\u989d\u5374\u6210\u957f\u4e86 1.5 \u500d\uff0c\u8fbe\u5230 500 \u4e07\u7f8e\u5143\u3002\u8fd9\u610f\u5473\u8457 VC \u4eec\u5b81\u613f\u7ed9\u5c11\u6570\u51e0\u4e2a\u9879\u76ee\u4e0b\u91cd\u6ce8\uff0c\u4e5f\u4e0d\u613f\u610f\u518d\u53bb\u6492\u7f51\u6355\u9c7c\u3002<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-134222\" src=\"https:\/\/blockcast.it\/wp-content\/uploads\/2026\/01\/2a6011d3-3290-41a2-ad96-88aef6e19685.jpg\"  width=\"1220\" height=\"888\" title=\"\u544a\u522b\u300c\u8bf4\u6545\u4e8b\u300d\u62ff\u878d\u8d44\uff1a\u4ec0\u4e48\u6837\u7684\u9879\u76ee\u80fd\u6d3b\u8fc7 2026 \u5e74\uff1f\u63d2\u56fe2\" alt=\"\u544a\u522b\u300c\u8bf4\u6545\u4e8b\u300d\u62ff\u878d\u8d44\uff1a\u4ec0\u4e48\u6837\u7684\u9879\u76ee\u80fd\u6d3b\u8fc7 2026 \u5e74\uff1f\u63d2\u56fe2\" \/><\/p>\n<p>\u9a71\u52a8\u8fd9\u4e00\u5267\u53d8\u7684\u6839\u6e90\u5728\u4e8e\u5e02\u573a\u6d41\u52a8\u6027\u7684\u9ad8\u5ea6\u96c6\u4e2d\u3002 2025 \u5e74\u7684\u52a0\u5bc6\u5e02\u573a\u5448\u73b0\u51fa\u6781\u7aef\u7684\u300c\u7a84\u5e45\u300d\u7279\u5f81\uff1a\u673a\u6784\u8d44\u91d1\u5360\u6bd4\u9ad8\u8fbe 75%\uff0c\u4f46\u8fd9\u4e9b\u94b1\u4e3b\u8981\u56f0\u5728 BTC \u548c ETH \u7b49\u5927\u76d8\u8d44\u4ea7\u4e2d\u3002 OTC \u4ea4\u6613\u6570\u636e\u663e\u793a\uff0c\u867d\u7136 BTC \u548c ETH \u7684\u5e02\u5360\u7387\u4ece 54% \u964d\u81f3 49%\uff0c\u4f46\u84dd\u7b79\u8d44\u4ea7\u6574\u4f53\u4efd\u989d\u53cd\u800c\u6210\u957f\u4e86 8% \u3002\u66f4\u81f4\u547d\u7684\u662f\uff0c\u7ade\u4e89\u5e01\u7684\u53d9\u4e8b\u5468\u671f\u4ece 2024 \u5e74\u7684 61 \u5929\u66b4\u8dcc\u81f3 2025 \u5e74\u7684 19-20 \u5929\uff0c\u8d44\u91d1\u6839\u672c\u6ca1\u6709\u65f6\u95f4\u6ea2\u51fa\u5230\u4e2d\u5c0f\u9879\u76ee\u3002\u6563\u6237\u4e5f\u4e0d\u518d\u50cf\u4ee5\u524d\u90a3\u6837\u75af\u72c2\u8ffd\u9010\u52a0\u5bc6\u8d27\u5e01\uff0c\u4ed6\u4eec\u628a\u6ce8\u610f\u529b\u8f6c\u5411\u4e86 AI \u548c\u79d1\u6280\u80a1\uff0c\u5bfc\u81f4\u52a0\u5bc6\u5e02\u573a\u7f3a\u4e4f\u589e\u91cf\u8d44\u91d1\u3002<\/p>\n<p>\u4f20\u7edf\u7684\u300c\u56db\u5e74\u725b\u5e02\u300d\u5468\u671f\u5f7b\u5e95\u74e6\u89e3\u4e86\u3002 Wintermute \u7684\u62a5\u544a\u660e\u786e\u6307\u51fa\uff0c2026 \u5e74\u7684\u590d\u82cf\u4e0d\u4f1a\u50cf\u4ee5\u5f80\u90a3\u6837\u81ea\u7136\u5230\u6765\uff0c\u5b83\u9700\u8981\u81f3\u5c11\u4e00\u4e2a\u5f3a\u529b\u50ac\u5316\u5242\uff1a\u8981\u4e48\u662f ETF \u6269\u5c55\u5230 SOL \u6216 XRP \u8fd9\u6837\u7684\u200b\u200b\u8d44\u4ea7\uff0c\u8981\u4e48\u662f BTC \u518d\u6b21\u7a81\u7834 10 \u4e07\u7f8e\u5143\u5fc3\u7406\u5173\u53e3\u5927\u5173\u5f15\u53d1 FOMO \u60c5\u7eea\uff0c\u8981\u4e48\u662f\u65b0\u7684\u53d9\u4e8b\u91cd\u65b0\u70b9\u71c3\u6563\u6237\u70ed\u60c5\u3002\u5728\u8fd9\u79cd\u73af\u5883\u4e0b\uff0cVC \u4eec\u4e0d\u53ef\u80fd\u518d\u53bb\u8d4c\u90a3\u4e9b\u53ea\u4f1a\u300c\u8bf4\u6545\u4e8b\u300d\u7684\u9879\u76ee\u3002\u4ed6\u4eec\u9700\u8981\u7684\u662f\u4ece\u79cd\u5b50\u8f6e\u5c31\u80fd\u8bc1\u660e\u81ea\u5df1\u6709\u80fd\u529b\u6d3b\u5230\u4e0a\u6240\u3001\u63a5\u89e6\u673a\u6784\u6d41\u52a8\u6027\u7684\u9879\u76ee\u3002<\/p>\n<p>\u8fd9\u5c31\u662f\u4e3a\u4ec0\u4e48\u6295\u8d44\u903b\u8f91\u4ece\u300c\u6295 100 \u4e2a\u535a 1 \u4e2a\u767e\u500d\u300d\u53d8\u6210\u4e86\u300c\u53ea\u6295\u80fd\u6d3b\u5230\u4e0a\u6240\u7684 4 \u4e2a\u300d\u3002\u98ce\u9669\u538c\u6076\u4e0d\u518d\u4fdd\u5b88\uff0c\u800c\u662f\u751f\u5b58\u5fc5\u5907\u3002 a16z \u548c Paradigm \u8fd9\u6837\u7684\u9876\u7ea7\u57fa\u91d1\u90fd\u5728\u51cf\u5c11\u65e9\u671f\u6295\u8d44\uff0c\u8f6c\u5411\u4e2d\u540e\u671f\u8f6e\u503c\u3002 2025 \u5e74\u90a3\u4e9b\u9ad8\u8c03\u878d\u8d44\u7684\u9879\u76ee\u2014\u2014Fuel Network \u4ece 10 \u4ebf\u7f8e\u5143\u4f30\u503c\u8dcc\u5230 1100 \u4e07\u7f8e\u5143\uff0cBerachain \u4ece\u9ad8\u5cf0\u66b4\u8dcc 93%\uff0cCamp Network \u84b8\u53d1\u4e86 96% 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\u4e13\u5bb6\u3001\u8d22\u52a1\u4e13\u5bb6\u3001\u5408\u89c4\u987e\u95ee\u7f3a\u4e00\u4e0d\u53ef\u3002\u4ed6\u4eec\u9700\u8981\u7528\u654f\u6377\u5f00\u53d1\u5feb\u901f\u8fed\u4ee3\uff0c\u7528\u6570\u636e\u8bf4\u8bdd\u800c\u4e0d\u662f\u8bb2\u6545\u4e8b\uff0c\u7528\u53ef\u6301\u7eed\u7684\u5546\u4e1a\u6a21\u5f0f\u800c\u4e0d\u662f\u878d\u8d44\u7eed\u547d\u3002 45% \u7684 VC-backed \u52a0\u5bc6\u9879\u76ee\u5df2\u7ecf\u5931\u8d25\uff0c77% \u7684\u9879\u76ee\u6708\u8425\u6536\u4e0d\u8db3 1000 \u7f8e\u5143\uff0c85% \u7684 2025 \u5e74\u4e0a\u7ebf\u4ee3\u5e01\u9879\u76ee\u5904\u4e8e\u6c34\u4e0b\u2014\u2014\u8fd9\u4e9b\u6570\u5b57\u544a\u8bc9\u6211\u4eec\uff0c\u7f3a\u4e4f\u9020\u8840\u80fd\u529b\u7684\u9879\u76ee\uff0c\u6839\u672c\u6d3b\u4e0d\u5230\u4e0b\u4e00\u8f6e\u878d\u8d44\uff0c\u66f4\u522b\u8bf4\u4e0a\u6240\u9000\u51fa\u4e86\u3002<\/p>\n<h3>\u4e09\uff1a\u6295\u8d44\u673a\u6784\u7684\u8b66\u793a\u4e0e\u65b9\u5411\u8f6c\u53d8<\/h3>\n<p>\u5bf9\u4e8e\u7b56\u7565\u578b\u6295\u8d44\u8005\u548c VC \u673a\u6784\u6765\u8bf4\uff0c2026 \u5e74\u662f\u4e00\u4e2a\u5206\u6c34\u5cad\uff1a\u8981\u4e48\u9002\u5e94\u65b0\u89c4\u5219\uff0c\u8981\u4e48\u88ab\u5e02\u573a\u6dd8\u6c70\u3002 Wintermute \u7684 4% \u6279\u51c6\u7387\u4e0d\u662f\u5728\u70ab\u8000\u4ed6\u4eec\u6709\u591a\u6311\u5254\uff0c\u800c\u662f\u5728\u8b66\u544a\u6574\u4e2a\u884c\u4e1a\u2014\u2014\u90a3\u4e9b\u8fd8\u5728\u7528\u65e7\u6a21\u5f0f\u300c\u55b7\u6d12\u7948\u7977\u300d\u7684\u673a\u6784\uff0c\u4f1a\u8f93\u5f97\u5f88\u60e8\u3002<\/p>\n<p>\u95ee\u9898\u7684\u6838\u5fc3\u5728\u4e8e\uff0c\u5e02\u573a\u4ece\u6295\u673a\u9a71\u52a8\u53d8\u6210\u4e86\u673a\u6784\u9a71\u52a8\u3002\u5f53 75% \u7684\u8d44\u91d1\u56f0\u5728\u9000\u4f11\u57fa\u91d1\u548c\u5bf9\u51b2\u57fa\u91d1\u8fd9\u6837\u7684\u673a\u6784\u7ba1\u9053\u91cc\uff0c\u5f53\u6563\u6237\u90fd\u8dd1\u53bb\u7092 AI \u80a1\u7968\uff0c\u5f53\u7ade\u4e89\u5e01\u7684\u8f6e\u52a8\u5468\u671f\u4ece 60 \u5929\u7f29\u77ed\u5230 20 \u5929\uff0cVC 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sourcing\uff09\u8981\u53d6\u4ee3\u88ab\u52a8\u7b49\u5f85 BP\uff0c\u52a0\u901f\u5c3d\u8c03\u8981\u53d6\u4ee3\u6f2b\u957f\u7684\u8bc4\u4f30\u6d41\u7a0b\uff0c\u56de\u5e94\u901f\u5ea6\u8981\u53d6\u4ee3\u5b98\u50da\u4e3b\u4e49\u3002\u540c\u65f6\u8981\u63a2\u7d22\u65b0\u5174\u5e02\u573a\u7684\u7ed3\u6784\u6027\u673a\u4f1a\u2014AI Rollups \u3001 RWA 2.0 \u3001\u8de8\u5883\u652f\u4ed8\u7684\u7a33\u5b9a\u5e01\u5e94\u7528\u7a0b\u5f0f\u3001\u65b0\u5174\u5e02\u573a\u7684 fintech \u521b\u65b0\u3002 VC \u9700\u8981\u4ece\u300c\u535a\u5f08\u767e\u500d\u56de\u62a5\u300d\u7684\u8d4c\u5f92\u5fc3\u6001\uff0c\u8f6c\u5411\u300c\u7cbe\u9009\u751f\u5b58\u8005\u300d\u7684\u730e\u624b\u5fc3\u6001\uff0c\u7528 5-10 \u5e74\u7684\u957f\u671f\u89c6\u91ce\u800c\u4e0d\u662f\u77ed\u671f\u6295\u673a\u903b\u8f91\u6765\u7b5b\u9009\u9879\u76ee\u3002<\/p>\n<p>Wintermute \u7684\u62a5\u544a\u5176\u5b9e\u662f\u5728\u7ed9\u6574\u4e2a\u4ea7\u4e1a\u6572\u8b66\u949f\uff1a2026 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\/>\n<p><em><strong>\uff08\u4ee5\u4e0a\u5185\u5bb9\u83b7\u5408\u4f5c\u4f19\u4f34 PANews <\/strong><strong>\u6388\u6743\u8282\u5f55\u53ca\u8f6c\u8f7d\uff0c\u539f\u6587\u8fde\u7ed3 | \u51fa\u5904\uff1a WolfDAO<\/strong><\/em><em><strong>\uff09<\/strong><\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>\u4f5c\u8005\uff1aNikka \/ WolfDAO( X : @10xWolfdao ) \u4e00\uff1aVC \u6295\u8d44\u903b\u8f91\u7684\u5267\u53d8 Wint 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