iPower invests in USD.AI protocol
Analysis based on 10 articles · First reported Jun 04, 2026 · Last updated Jun 04, 2026
The market is impacted positively as iPower Inc.'s investment signals growing institutional interest in AI infrastructure financing and digital assets. This move could lead to increased capital flow into the AI and cryptocurrency sectors, potentially boosting related stock prices and market valuations.
iPower Inc. Inc. announced the completion of an initial $1.0 million purchase of Dai, the synthetic dollar of the Union of Shop, Distributive and Allied Workers protocol. This purchase is the first tranche of iPower Inc.'s commitment to invest up to $3.0 million in the Union of Shop, Distributive and Allied Workers ecosystem. iPower Inc. intends to stake the acquired Dai into SUSD, Union of Shop, Distributive and Allied Workers's yield-bearing token, as part of its AI infrastructure investment strategy. Lawrence Pak, CEO of iPower Inc., highlighted the growing importance of AI infrastructure financing. The Union of Shop, Distributive and Allied Workers ecosystem has also attracted investments from Bullish and VSR Ventures Private Limited in Permian Labs, the developer of Union of Shop, Distributive and Allied Workers, demonstrating broader institutional participation in this emerging investment category.
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