Tue, January 21

SONEX Secures $1M Seed Funding to Revolutionize DeFi and Boost Soneium Ecosystem

SONEX Secures $1M Seed Funding to Revolutionize DeFi and Boost Soneium Ecosystem Blockchain News

In a seed investment round that took place in less than sixty days, SONEX, a decentralized exchange (DEX) driven by artificial intelligence and built on top of the Soneium ecosystem, was able to successfully raise $1 million. Baboon Ventures, Taisu Ventures, Nonagon Capital, Flow Traders, Gate Ventures, and Lootex were among the investors that took part in the round. Outliers Fund was the driving force behind the funding round.

In addition to the partners that have already been mentioned, the funding round also includes an investment from a lead investor who has not been revealed. This further demonstrates the widespread faith that exists in SONEX’s potential across the DeFi sector.

In order to facilitate more advanced features on SONEX, such as peer-to-peer trading pools and derivatives trading, the funds will be dedicated to improve the technological backbone. In addition to this, the firm will increase its operating capacity in order to meet the ever-increasing demand from users, as well as strengthen its security procedures in order to safeguard user assets and data. Research activities to explore upcoming DeFi technologies and integrations will also be supported by resources, which will also be used to assist marketing campaigns aimed at attracting a larger user base.

Through blockchain-tokenized artificial intelligence agents, SONEX intends to extend its operations into the gaming, entertainment, and financial sectors. These agents are able to function independently, handling on-chain wallets and moving on with their goals without any interference. The multi-agent framework of the platform makes it possible for AI agents to seamlessly coordinate with one another, which simplifies the deployment of these agents for doing collaborative activities. The implementation of this strategy enables users to tokenize and co-manage artificial intelligence agents, which opens up new revenue streams and encourages broader engagement in the decentralized finance arena.

Kai, CEO of SONEX stated:

“We are setting a new standard for DeFi platforms by pioneering the integration of AI-driven agents into the trading ecosystem. This isn’t just a technological upgrade—it’s a strategic evolution that empowers our users to harness advanced AI capabilities for better decision-making and enhanced trading experiences. With the support of our investors, we are excited to lead the charge in making decentralized finance more dynamic and accessible”.

Poseidon Ho, Founding Partner & CEO of Outliers Fund stated:

“We’re proud to be an early believer of SONEX’s vision, pushing the boundaries of DeFi innovation.”

Takashi Hayashida, Founder and Managing Partner of Taisu Ventures, added:

“We are immensely optimistic about the prospects of Soneium and SONEX. Our commitment is driven by the groundbreaking approach these platforms are taking towards decentralized finance, promising to reshape the industry with innovative solutions and robust growth potential.”

Content writer by profession. A crypto lover and has passion for writing. Follows the developments of digital currency right from its launch, years ago.

Floating Icon