TechFlow News — Pell Network, a Bitcoin restaking network, announced on X that it has raised $3.5 million in a strategic funding round. The round was backed by D11-Labs, Web3Port Foundation, ArkStream Capital, Taisu Ventures, Core Ventures, GoPlus Security, Astrarizon Ventures, and MultiversX, among others. The new capital will support the development of its AI-driven, cross-chain decentralized finance (DeFAI) infrastructure, aiming to address current challenges faced by AI agents, including complex cross-chain operations, difficulties in data acquisition and verification, and security risks in multi-chain interactions.
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