Olaxbt, an AI-driven cryptocurrency trading platform, has completed a $3.38 million seed funding round led by Amber Group. The funding will be used to enhance Olaxbt's MCP technology, promising users a more efficient trading experience.
Overview of Olaxbt's Funding
Olaxbt, founded in 2025, raised $3.38 million in its seed funding round led by Amber Group, a notable digital asset firm. Other participants included DWF Ventures, Mindfulness Capital, Web3Labs.club, and Credit Scend. The funds will be allocated to improve the platform's MCP technology.
Impact of AI Technology on Cryptocurrency Trading
This funding round highlights the growing influence of AI in cryptocurrency sectors, enhancing trading efficiency and liquidity. Olaxbt plans to leverage the funding to expand its proprietary MCP technology, which is seen as a catalyst for improving trading intelligence.
Growth Prospects in the Cryptocurrency Market
While primary statements and in-depth discussions from Olaxbt’s leadership remain undisclosed, market sentiment towards the funding round remains positive. Amber Group's past involvement in successful projects like Starkware fuels optimism regarding Olaxbt’s potential success. Increased AI integration is expected to foster market advancements.
With the completion of its new funding round, Olaxbt strengthens its position amid growing interest in AI integration within cryptocurrency trading. This is expected to lead to improvements in trading infrastructure and increased institutional participation in the market.
