Olaxbt secured 3.38 million USD in seed funding, primarily from Amber Group, along with DWF Ventures and Mindfulness Capital. This financial support is aimed at developing its proprietary MCP technology, poised to improve trading efficiency.
This funding marks a significant leap in AI adoption in cryptocurrency markets. Olaxbt’s enhancements may lead to better trading infrastructures for ETH, BTC, and other altcoins, influencing market dynamics.
Investor sentiment surrounding this funding round remains positive, largely due to Amber Group’s successful track record with previous projects, which raises expectations for Olaxbt’s future contributions to the crypto ecosystem.
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