Almanak Completes $8.45 Million Funding Round to Transform DeFi with AI

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by Giorgi Kostiuk

a year ago

DeFi platform Almanak has completed an $8.45 million funding round, receiving backing from major investors and focusing on AI technologies.

Almanak's $8.45 Million Funding Round

On August 17, 2025, Almanak announced the completion of an **$8.45 million funding round**. Participants include leading crypto firms such as Delphi Labs, HashKey Capital, and NEAR Foundation. These investments underscore confidence in AI-driven DeFi strategies.

AI's Potential to Transform DeFi

The company aims to revolutionize DeFi through AI-powered financial strategies rather than traditional static automation. Almanak's CEO, Michael, noted: *"We realized that many protocols do not work the best way, so we set up Almanak."*

We realized that many protocols do not work the best way, so we set up Almanak.Michael, CEO of Almanak

Market Implications and Prospects

Almanak's approach to integrating **AI/LLM models** into DeFi platforms will enable the creation of robust trading tools. This shift toward **AI-driven decision-making** promises enhanced risk management and optimized financial operations, setting a precedent for future DeFi innovations.

Almanak represents an important step in the evolution of DeFi, aiming to enhance processes through AI, which may lead to more significant changes in financial practices.

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