"Pell Network Raises $3.5M for AI-Driven DeFAI Infrastructure"

The Pell Network, a Bitcoin-based rehypothecation platform, has successfully secured $3.5 million in a recent strategic funding round. The funding was led by prominent investors including D11-Labs, Web3Port Foundation, ArkStream Capital, Taisu Ventures, Core Ventures, GoPlus Security, Astrarizon Ventures, and Multiversᕽ. This infusion of capital is earmarked for advancing the development of AI-driven decentralized finance (DeFAI) full-chain infrastructure, aimed at tackling the intricate challenges of cross-chain operations. Additionally, the funding will enhance capabilities in data acquisition and validation, which are crucial for optimizing the performance of current AI agents, while also fortifying security in multi-chain interactions.

The new funds will support the Pell Network's mission to address the complex cross-chain operations, data acquisition and validation challenges faced by current AI agents, as well as issues related to multi-chain interaction security. The Pell Network is committed to advancing the development of AI-driven decentralized finance (DeFAI) full-chain infrastructure to tackle these challenges and enhance the overall performance of AI agents in the multi-chain ecosystem.