What crypto projects is YC looking to invest in over the next six months? Y Combinator has released its latest list of sought-after crypto startups, with a focus on stablecoins, asset tokenization, and AI agents. Its assessment: Over the past year, growth in crypto applications has been led for the first time by institutions, as real financial needs—such as cross-border fund transfers and hedging against oil prices—are driving adoption. Here are the four key areas YC is prioritizing: 1. Using blockchain to enable AI industry fundraising Exploring on-chain financing tools to make it easier for the AI industry to raise capital. This represents a clear intersection between AI and crypto on the list. 2. Stablecoin services for more specific user groups Including new USD stablecoins and non-USD stablecoins tailored to specific users or merchants, as well as digital banks built on stablecoins—for example, providing financial services to global freelancers and international businesses. 3. Asset tokenization and accompanying trading infrastructure YC expects more assets—from stocks, debt, and commodities to real estate titles—to be tokenized on-chain. Startup equity and small-value securities under $10,000 may also be issued directly on-chain. Opportunities include tokenized asset products that support 24/7 trading and integrate with DeFi, as well as new exchanges and trading interfaces built around these assets and their derivatives. 4. Financial tools for AI agents YC anticipates that AI agents will become significant financial participants. It is interested in tools that enable agents to trade crypto and other assets, APIs designed specifically for agents, and infrastructure connecting fiat currencies with crypto assets.