Saga Launches AI Labs, Sells Crypto Business, Transfers Chain Operations to dao5's Alapin Holdings

News Editor

2026-07-02 17:01:21

Blockchain company Saga announced the formation of Saga AI Labs, focusing on AI consumer platforms and autonomous digital characters, while selling its crypto business and transferring blockchain network operations to Alapin Holdings under dao5. The AI Labs has already deployed AI character projects with multiple gaming partners, with plans to expand into consumer brands and sports.

SagaAI LabsBlockchainCryptocurrencydao5Alapin HoldingsAI Characters

Saga Pivots: Establishes AI Labs and Divests Crypto Operations

According to ChainCatcher, blockchain company Saga announced the establishment of Saga AI Labs, dedicated to developing AI consumer platforms and autonomous digital characters. Concurrently, Saga sold its cryptocurrency business and transferred the management of its blockchain network operations to Alapin Holdings, a subsidiary of dao5.

Saga AI Labs has already implemented AI character projects with multiple gaming partners, and plans to extend its business into consumer brands, sports, and other sectors. This move signals Saga's strategic shift from pure blockchain infrastructure toward AI and digital character ecosystems.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.

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