A major data center initiative based in Alberta is drawing serious attention from European investors, with projections suggesting the project could reach a valuation of €8 billion (roughly $9.4 billion) within the coming years. The backing of established European firms signals growing confidence in North American infrastructure development for the blockchain and digital asset sector. This move reflects broader trends of institutional capital flowing into crypto-related infrastructure, particularly as demand for computing power and data processing continues to surge. Alberta's competitive advantages—including lower energy costs and favorable regulatory conditions—have positioned it as an attractive hub for such ventures. The project's scale underscores the expanding significance of on-ground infrastructure in supporting the Web3 ecosystem's continued growth.