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Bluwhale Secures $10 Million Series A for Blockchain AI Expansion

According to Bluwhale, UOB Venture Management, SBI Holdings, and major blockchain projects backed its Series A to support the platform’s growth for over 3.6 million global users.

Summary

Bluwhale announced it completed a $10 million Series A funding round, with UOB Venture Management as a key investor. Additional backing came from SBI Holdings and five major blockchain projects. The decentralized AI network serves over 3.6 million users worldwide and intends to use the funds to expand and develop cryptocurrency applications leveraging its platform.

Terms & Concepts
  • Decentralized AI Network: An AI system operated without a central authority, using distributed blockchain-based infrastructure to enable autonomous agents.
  • Series A Funding: An early-stage investment round aimed at scaling operations and developing products, typically following initial seed funding.
  • Blockchain AI Agents: Autonomous software entities that leverage blockchain technology for secure, transparent, and decentralized task execution.