AntFun Social Wallet completes $5 million strategic financing round

The raise, conducted through the AntFun Token, drew support from MH Ventures, Zerra Venture, Zuala Capital, X21 Digital and Becker Ventures as the project builds a Solana-based social trading app.

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Summary

AntFun Social Wallet said it has completed about $5 million in strategic financing through the AntFun Token, with backing from MH Ventures, Zerra Venture, Zuala Capital, X21 Digital and Becker Ventures. The project is developing a mobile app on Solana that combines social features with Alpha trading. It said the new funding will be used to accelerate social finance infrastructure, cross-community functions and an AI Alpha strategy discovery engine.

Terms & Concepts
  • Solana: A blockchain network often used for consumer apps and token-based services.
  • AI Alpha strategy discovery engine: A tool designed to use artificial intelligence to identify or surface potentially profitable trading strategies.