MNX raises $6.4 million for AI-focused decentralized futures exchange

MNX has completed a $6.4 million pre-seed round to build a decentralized futures exchange focused on the AI economy. Backers include Village Global, Cambrian and AI figures including Dwarkesh Patel. Built in the MegaETH ecosystem, the platform plans to offer AI-linked derivatives spanning GPU and data center power price contracts, pre-IPO valuation contracts for AI projects, prediction markets and global AI concept stock perpetuals. The product set is aimed at creating tradable markets tied to AI infrastructure, valuations and thematic equity exposure.

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