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Animoca Brands co-founder and executive chairman Yat Siu stated that although the NFT market has clearly cooled down compared to its 2021/2022 peak, it is not "dead," and the current market is mainly driven by wealthy digital art collectors. He pointed out that monthly NFT transaction volumes have dropped from over $1 billion at their peak to about $300 million, but this is still a development from zero compared to five years ago. Yat Siu emphasized that many high-net-worth buyers are "buying to hold rather than to flip," forming a community culture similar to collectors of Picasso artworks, luxury cars, or high-end watches. Although his own NFT investment portfolio has dropped by about 80%, he regards it as a long-term asset rather than a short-term trade. Regarding the cancellation of the French event NFT Paris, he believes the reason lies in France and Europe as a whole shifting towards a more anti-crypto regulatory stance, as well as a series of recent security incidents targeting crypto practitioners and investors, which have undermined market confidence and willingness to participate.

Jinse Finance reported that US Treasury Secretary Yellen stated: We have a booming economy, and investment is expected to accelerate this year. While holding the rotating presidency of the G7, we will focus on economic growth and deregulation.

Jinse Finance reported that the onshore RMB against the US dollar (CNY) closed at 6.9640 yuan at 03:00 in the East 8th District, up 80 points from last Friday's night session close. The trading volume was 35.705 billions USD.