Donut Labs Secures $15 Million for AI-Driven Crypto Trading Browser
- Donut Labs has raised $15 million in seed funding from investors including BITKRAFT, HSG, and Makers Fund.
- This funding follows a previous $7 million pre-seed round completed less than six months ago.
- The company aims to integrate autonomous trading agents into web browsers for real-time market analysis and onchain trading.
- Over 160,000 users are on Donut’s waitlist as it develops its monetizable agentic browser.
- Decentralized finance (DeFi) derivatives have surpassed $1 trillion in monthly trading volume.
Donut Labs is focused on transforming user interactions with the financial internet through AI technology embedded in browsers. The integration of AI agents could simplify complex tasks like smart contracts and multi-chain bridging for users.
With the recent funding, Donut plans to enhance its platform amid rising DeFi activity, which has seen derivatives exceed $1 trillion monthly.(Source)
