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TrueNorth Raises $1 Million to Launch AI-Powered Crypto Discovery Engine

9 June 2025
in Crypto, News
Reading Time: 3 mins read
109 1
Home News Crypto

TrueNorth, an AI-driven crypto discovery platform, has secured $1 million in strategic angel funding, attracting support from prominent figures in the blockchain and investment sectors.

Backers include the founders of LayerZero, SEI, Selini Capital, Plume, Virtuals, and Presto Labs, underscoring strong industry confidence in the project’s vision for the future of crypto investing.

Founders of LayerZero, SEI, Selini Capital, and Plume back hyper-personalized AI crypto discovery engine@get_truenorthhttps://t.co/VXczZ2ZWdH

— Chainwire (@ChainwirePR) June 9, 2025

TrueNorth was co-founded by Willy Chuang, former COO of the hybrid CeFi/DeFi exchange WOO, and Alex Lee, a PhD in AI and a former tech investor at Temasek. The platform aims to revolutionize how investors discover and act on crypto opportunities by leveraging autonomous AI agents. These agents continuously scan blockchain networks, social media, and macroeconomic data to deliver real-time, tailored insights based on each user’s portfolio, trading style, and behaviour.

“Our goal is to cut through the noise in an increasingly complex market,”

said Chuang.

“TrueNorth’s generative user interface adapts in real time, providing evolving insights that help users make faster, more confident decisions.”

The funding round drew participation from notable industry leaders, including Bryan Pellegrino (LayerZero), Jeff Feng (SEI), Jordi Alexander (Selini Capital), and Yongjin (Presto Labs), among others. These investors share a belief in the transformative potential of AI for crypto trading, particularly in areas like interoperability, algorithmic strategies, and infrastructure innovation.

Currently, TrueNorth is in closed beta, collaborating with its first 500 early users—dubbed “Truthsayers”—to refine its agentic workflows and user experience. The team plans to reveal more about its advanced architecture and agent frameworks ahead of a public launch, aiming to deliver smarter, hyper-personalized discovery tools to the broader crypto community.

Notably,  XY Finance, a known entity in the realm of cross-chain infrastructure, has launched SuperIntent. SuperIntent is being presented as the first omnichain AI crypto super app designed to simplify investing in decentralized finance (DeFi) by offering AI-driven insights and strategy execution across various blockchain networks. 

 

If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.

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