The post Nvidia Says No to Crypto —Arbitrum Deal Scrapped Without Warning! appeared first on Coinpedia Fintech News
Nvidia has paused its anticipated collaboration with Arbitrum, an Ethereum Layer 2 network, just moments before it was due to be announced. The sudden halt comes amid Nvidia’s continued reluctance to associate with cryptocurrency projects, despite growing crossover between AI and blockchain innovation.
Nvidia’s No-Crypto Policy Strikes Again
The paused partnership was tied to Nvidia’s Ignition AI Accelerator, part of the company’s broader Inception Program that supports AI startups. Arbitrum was poised to be a flagship partner—until Nvidia reportedly stepped back without explanation.
This isn’t new territory. Nvidia’s top executives have publicly dismissed crypto’s value.
In 2023, CTO Michael Kagan stated, “Crypto doesn’t bring anything useful for society,” echoing the sentiment of CEO Jensen Huang.
Their stance has translated into
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