Generalist Raises ~$200M at $3B Valuation, Led by 8VC

The capital raise signals sustained private-market appetite for AI infrastructure players, even as valuations climb. For RWA-focused readers, the absence of tokenization ties is notable—it underscores that major tech funding rounds remain largely detached from the sector, which may temper crossover momentum. The key watchpoint is whether Generalist's growth trajectory justifies the premium and whether 8VC's involvement hints at broader strategic shifts in the firm's portfolio. Given the limited disclosed details, the round's impact on RWA markets appears indirect at best.