Axal, a New York-based startup founded by Harvard graduate Ash Ahmed, has secured $2.5 million in pre-seed funding led by CMT Digital. The company aims to develop a network of verifiable autonomous agents capable of tackling various Web3 tasks. Currently, Axal is collaborating with notable crypto firms including Gitcoin. As part of their innovations, Axal plans to launch Axal Autopilot, a trading automation platform that allows for complex, personalized trading strategies through autonomous agents, distinguishing it from typical trading bots. This venture is part of a larger trend in the crypto space, where startups are focusing on enhancing interoperability and efficiency within decentralized ecosystems.
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