Fere AI Raises $1.3 Million for AI Crypto Trading Agent Platform

According to GlobeNewswire, Fere AI said the new funding will support platform development and trading strategy optimization across Ethereum, Solana and Base.

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Summary

Fere AI said it has completed a $1.3 million funding round led by Ethereal Ventures, with participation from Galaxy Vision Hill and Kosmos Ventures, according to GlobeNewswire. The company operates an AI digital asset trading agent platform and states that it supports Ethereum, Solana and Base. Fere AI said the new capital is intended for product development and trading strategy optimization, adding to investor backing for AI-driven crypto trading tools across multiple blockchain networks.

Terms & Concepts
  • AI trading agent: Software that uses artificial intelligence to analyze markets and execute or assist trading decisions automatically.
  • Base: An Ethereum-linked layer-2 blockchain designed to offer lower-cost and faster transactions.
  • Blockchain network: A distributed digital ledger system that records transactions across many computers without a central operator.