This week’s crypto funding roundup focuses on AI’s reach, from robotics to financial platforms, and everything else in between. The current funding wave is building a strong foundation rather than chasing fleeting trends, and that's exactly what's happening at the AI-DeFi intersection. Without further ado, let's get into the weeds of who raised how much this week.
a decentralized exchange on the TON blockchain, raised $9.5 million in its Series A from Ribbit Capital and CoinFund. Offering extremely low fees and minimal slippage, is positioning itself as the primary DEX for the rapidly expanding TON ecosystem.
@ston_fi GAIB raised a strategic $10 million round from Amber Group to create onchain synthetic GPU assets that offer investors yields from AI computations. As AI hype persists, GAIB's infrastructure could legitimize blockchain-based AI compute markets, attracting institutional capital.
@gaib_ai Due has extended its seed round to $7.3 million to launch the Global Stablecoin API. This is expected to unlock faster, cheaper, and more inclusive cross-border payments worldwide.
Manifold landed $10.5 million via its Series A led by OSS Capital, with support from Digital Currency Group (DCG). They're deploying decentralized AI models on the Bittensor network, providing the infrastructure for genuinely incentivized AI ecosystems. If decentralized AI takes off, Manifold could be at its core.
Billions secured $30 million from heavy hitters like Polychain, Coinbase Ventures, and Polygon for its zero-knowledge proof (ZKP)-based identity verification protocol. In an era of deepfakes and fake identities, Billions’ tech could become the essential trust layer across web3 and AI ecosystems.
Stable raised $28 million in a seed round co-led by Bitfinex and Hack VC, with participation from Franklin Templeton. Their blockchain offers gas-free USDT transactions and cross-chain bridging. With Tether’s strong backing, Stable could simplify stablecoin usage across fragmented chains.
@stable Rialo, led by former Meta engineers, secured $20 million from Pantera, Coinbase Ventures, and Variant. Rialo aims to integrate blockchain with everyday devices and apps, potentially bridging the usability gap that currently limits widespread blockchain adoption.
@RialoHQ AI remained front and center this week, underscoring crypto’s ongoing bet on intelligent infrastructure. In short, firms are betting big on machines that think. Full scoop is up on the site! 🔗
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