AI encryption platform TrueNorth raised $1 million, with founders from LayerZero, Virtuals, and others participating in the investment.

Gate News bot message, the encryption platform TrueNorth utilizing artificial intelligence technology has completed a $1 million Angel Round financing, with participation from founders of LayerZero, SEI, Selini Capital, Virtuals, Plume, and Presto Labs.

According to reports, the platform utilizes autonomous agents and real-time data to uncover opportunities in the encryption cryptocurrency space. New funds will be used to develop an encryption cryptocurrency AI engine, focusing on various operations from user intent to results.

TrueNorth's proxy technology continuously scans chain, social, macro, and project data, aiming to provide users with timely, high-signal insights, personalized to users' portfolios, trading styles, and past behaviors.

Source: Decrypt

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