Shares of Nvidia (NASDAQ: NVDA) rose over 4% on Oct. 29, as the AI chipmaker became the first company to reach a $5 trillion market capitalization.
This comes a day after President Donald Trump’s praise of Nvidia caused a few cryptocurrencies linked to decentralized artificial intelligence (AI) projects, like TAO and Render, to rally.
Today, the Nvidia-led AI trade extended to Indiana-based AI-powered logistics company Arrive AI Inc.(NASDAQ: ARAI). The AI-powered logistics company also saw its shares climb 5.37% on Oct. 29.
Founded by Daniel O’Toole in April 2020. Arrive AI’s Autonomous Last Mile (ALM) platform enables secure, efficient deliveries using drones, ground robots, or human couriers, offering real-time tracking, smart logistics alerts, and advanced chain-of-custody controls.
Related: What is Bitcoin mining? Explained
A couple of months ago, Arrive AI announced plans to pivot toward crypto payments.
The company announced on Aug. 25 its plans to use Bitcoin (BTC) for payments to vendors, clients, and employees who prefer it over U.S. dollars, and potentially hold treasury reserves in Bitcoin.
“We think cryptocurrency is a better way to pay, and as we continue to expand our footprint globally, we think our associates will be happy to have this option,” said Arrive AI CEO Dan O’Toole, who will be the first staffer to accept his compensation in cryptocurrency.
O’Toole added that the company’s crypto strategy follows the model established by MicroStrategy.
“Longer term, we see the opportunity to go beyond Bitcoin by creating our own token, an Arrive Coin. It would be designed for use across our entire ecosystem: paying employees and contractors, rewarding loyal customers, settling vendor contracts, and even streamlining transactions within our delivery network,” he said.
Arrive AI also plans to evaluate additional use cases for cryptocurrency, including holding part of its cash reserves in Bitcoin and launching a Bitcoin-denominated at-the-market (ATM) program to raise funds.
At the time of writing, Bitcoin was trading 2.9% lower at $111,344.
This story was originally reported by TheStreet on Oct 29, 2025, where it first appeared in the Technology News section. Add TheStreet as a Preferred Source by clicking here.