Donut Labs, based in New York, has secured $7 million in pre-seed funding to create the world's first 'agentic' crypto browser. This innovative tool utilizes artificial intelligence to assist users in engaging with blockchain applications. The funding round was spearheaded by Sequoia, Bitkraft, and HackVC, with contributions from notable angel investors like Solana. Donut aims to develop an executable crypto browser driven by AI agents, featuring a native cryptocurrency wallet, decentralized exchange integration, and onchain execution capabilities. Unlike conventional browsers, Donut's AI algorithms comprehend page context and user intent, enabling autonomous execution of blockchain operations. Founder Chris Zhu envisions a hyper-financialized internet front end for AI agents. Donut's AI agents facilitate token trading, betting, and yield farming. The browser's long-term goal is to merge onchain and offchain environments, offering a comprehensive crypto-native browsing experience for users. Read more AI-generated news on: https://app.chaingpt.org/news

#DEX #AI