Donut Labs Secures $15 Million to Advance AI-Powered Crypto Trading Browser
According to Donut Labs, the $22M funding will enhance its AI agent browser for autonomous crypto trading, supporting over 160,000 waitlist users amid rising DeFi market activity.
Donut Labs announced it has secured $22 million in combined pre-seed and seed funding to develop its AI-powered trading browser. Investors include BITKRAFT, Makers Fund, Sky9 Capital, Altos Ventures, Hack VC, and contributors from Solana, Sui, and Monad ecosystems. The Donut Browser integrates autonomous trading agents capable of executing trades, performing risk analysis, and managing on-chain strategies offline. Over 160,000 users have joined the waitlist, reflecting strong demand for AI-native crypto trading solutions amid a surge in DeFi derivatives activity exceeding $1 trillion monthly.
- Agentic browser: A browser embedded with AI agents capable of executing tasks autonomously, such as trading, risk analysis, and on-chain strategy implementation.
- DeFi derivatives: Financial contracts in decentralized finance whose value is derived from an underlying asset, such as cryptocurrencies, traded on blockchain-based platforms.
- Smart contracts: Self-executing blockchain programs that automatically enforce the terms of an agreement without the need for intermediaries.