German listed company spends 50 million euros to buy $SQD, why is the decentralized data lake expected to become the next Bloomberg terminal?

German listed company Heidelberger Beteiligungsholding AG invests 50 million euros to acquire SQD tokens, with sqd.ai’s on-chain data lake receiving endorsement from the capital market. (Background: SkyBridge founder: Solana's market cap will surpass Ethereum, SkyBridge has allocated 100 million USD in BTC and SOL) (Additional context: SkyBridge founder: The corporate bond buying craze for BTC will eventually fade, excessive speculation may backfire on Bitcoin) The German investment holding company, Heidelberger Beteiligungsholding AG (IPOK), listed on the Frankfurt Stock Exchange, is preparing to change its name to SQD.AI Strategies AG to demonstrate its commitment to supporting the SQD data network. The company plans to invest up to 50 million euros within a year to acquire, hold, and stake SQD tokens, making it a rare European publicly listed company with an all-in altcoin strategy. German company bets 50 million euros on SQD According to Cointelegraph, the company has simultaneously acquired SQD tokens through over-the-counter trading and the public market. Chairman Clemens Jakopitsch predicts that the U.S. Senate is expected to pass two cryptocurrency regulatory bills by July 2025, which will accelerate institutional funds entering the market. AI systems crave real-time, verifiable dynamic on-chain data, and the SQD Network is perfectly positioned at the supply-demand intersection. He said: “AI needs real-time, verifiable on-chain data; this will be the next wave of growth engines.” SQD.AI co-founder Marcel Fohrmann stated: This marks a critical moment for SQD. The commitment of SQD.AI Strategies AG reflects the growing recognition that real-time intelligent data infrastructure has become the core of competitive advantage. As AI systems become more autonomous and the scale of tokenized economies expands, the demand for high-performance, on-chain native data is accelerating. Aiming to replace Bloomberg terminals with on-chain APIs According to official statements, the decentralized data lake built by SQD Network supports over 150 chains. Its decentralized data lake and efficient query engine provide powerful data service capabilities for dApps, ecological analysis, and AI. Through zero-knowledge proofs and trusted execution environments, while ensuring data accuracy and security, SQD Network aims to become an open alternative to Bloomberg terminals and Snowflake, hoping to replace traditional RPC with ultra-low latency APIs. Main functions of SQD tokens are used as node rewards, delegation incentives, and governance tools can serve as a payment method for data query traffic supports token holders to delegate and earn rewards, with estimated node APY of 20% and delegators around 10%. New options for cash flow in the capital market The transformation of Heidelberger Beteiligungsholding AG reveals that the capital market is attempting to package on-chain assets within traditional financial frameworks. As the market continues to pursue AI and data dividends, will the SQD Network's decentralized data lake become the next Bloomberg? The answer will be written together by SQD and investors. Related reports Trump boasts of being the most successful in history after 100 days in office, but polls hit a new low, SkyBridge founder: The worst three months in modern presidential history SkyBridge founder reveals: The Senate will approve the Bitcoin reserve plan! But the chance of acquiring 1 million coins is low SkyBridge founder warns: Friendly cryptocurrency regulation after Trump takes office will not be initiated overnight; that is not how Washington operates. "Why does the German listed company spend 50 million euros to buy $SQD, and why is the decentralized data lake expected to become the next Bloomberg terminal?" This article was first published in BlockTempo (the most influential blockchain news media).