TrueNorth Secures $1 Million for AI-Powered Crypto Trading Platform

TrueNorth, a pioneering AI platform, has successfully raised $1 million in funding to develop the first AI-powered engine for the crypto industry. The platform is designed to use autonomous agents and real-time data to uncover crypto opportunities, providing users with personalized insights tailored to their portfolio, trading style, and past behavior. The founders of LayerZero, SEI, Selini Capital, Virtuals, Plume, and Presto Labs have collectively backed this innovative venture, reflecting their strong belief in the transformative power of AI in crypto trading.

TrueNorth's agentic technology continuously scans across various data points, including chains, social media, and macro and project data, to surface timely, high-signal insights. The platform aims to simplify decision-making in fast-moving markets by reducing cognitive overload and delivering personalized insights that evolve with each user. This approach is designed to help users move faster with more confidence in their investment decisions.

Willy Chuang, co-founder of TrueNorth and former COO of WOO, emphasized the real-world need for tools that can cut through the noise and fragmentation in the crypto market. "Having led crypto exchanges and worked closely with a broad range of traders and investors, I’ve seen how fragmented data and constant noise creates friction in decision-making,” said Chuang. “TrueNorth is built to simplify this, delivering personalized insights that evolve with each user so they can move faster with more confidence.”

Alex Lee, co-founder of TrueNorth and a PhD in AI, highlighted the platform’s AI-driven approach and ongoing development phase. “AI has reached a point where it can do more than just process data; it can understand context, adapt to users, and continuously improve decision-making,” said Lee. “That’s the foundation we’re building on: agentic intelligence that works behind the scenes to surface what matters most. We’re currently in closed beta, working closely with early users to refine a system that feels intuitive but is powered by serious intelligence.”

TrueNorth’s backers, including Bryan Pellegrino of LayerZero, Jeff Feng of SEI, Jordi Alexander of Selini Capital, and Yongjin of Presto Labs, as well as Will Wang of Generative Ventures, share a strong belief in AI’s transformative power in crypto trading. Their interests span key themes such as interoperability, data-driven AI models, algorithmic market strategies, and innovative infrastructure development. Together, these interests reflect not only a shared belief in AI’s potential but also the same principles driving TrueNorth’s mission to simplify and personalize decision-making in decentralized markets.

TrueNorth, a platform under Singapore-registered Advent AI, is working closely with its first 500 early users, the Truthsayers, to refine agentic workflows for AI-native investing in closed beta. In the coming weeks, the team will unveil key details of its advanced architecture and agentic frameworks as it gears up for a public launch aimed at delivering smarter, hyper-personalized crypto discovery tools to a wider audience.