Cathie designing a S0l4n4 & eth3reum competitor?

Cathie Wood mentioned she signed on to the board of "Layer 0" that's developing an "ecosystem" that can handle 2-4 million transactions per second for the agentic AI world.

i don't quite get it. is someone swindling her?

https://youtu.be/HiX6AxmF500?t=2664