SONEX, an AI-driven decentralized exchange, secures $1 million in seed funding from notable investors including Outliers Fund and Gate Ventures to revolutionize DeFi with AI agents.
By Temitope Olatunji
Edited by Marco T. Lanz
Updated
3 mins read
Decentralized exchange platform SONEX, powered by artificial intelligence (AI), has announced securing $1 million in a seed funding round. The exchange completed the funding round in under 60 days.
The round was led by Outliers Fund, with participation from prominent investors including Baboon VC, Taisu Ventures, Nonagon Capital, Flow Traders, Gate Ventures, and Lootex. An undisclosed lead investor also contributed, demonstrating strong confidence in SONEX’s potential within the decentralized finance (DeFi) space.
The raised capital will be used to enhance the platform with new features like derivatives trading and peer-to-peer trading pools. SONEX will also focus on improving security to protect user assets and expand its capacity to accommodate more users. Additionally, the company plans to invest in marketing to increase brand awareness while exploring new DeFi technologies to maintain innovation and competitiveness.
Part of SONEX’s strategy is to extend its reach beyond the trading platform into the financial, gaming, and entertainment sectors. The platform will utilize AI-powered, blockchain-tokenized agents capable of managing on-chain wallets and executing tasks autonomously. The system allows these agents to collaborate seamlessly, simplifying their use for joint tasks. Users will be able to tokenize and co-manage these agents, creating new revenue streams and increasing participation in decentralized finance.
Kai, CEO of SONEX, stated that SONEX is transforming the decentralized finance space by integrating AI-driven agents into the trading ecosystem. He described it as a strategic evolution aimed at improving user decision-making and trading experiences. With strong investor backing, the platform is focused on making DeFi more dynamic and accessible. Kai said:
“This isn’t just a technological upgrade—it’s a strategic evolution that empowers our users to harness advanced AI capabilities for better decision-making and enhanced trading experiences. With the support of our investors, we are excited to lead the charge in making decentralized finance more dynamic and accessible.”
Investors have expressed strong confidence in SONEX’s potential. Poseidon Ho, Founding Partner & CEO of Outliers Fund, commented that they are proud to be among those who believe in SONEX’s mission and its push for innovation in DeFi.
Takashi Hayashida, Founder and Managing Partner of Taisu Ventures, expressed strong optimism about Soneium and SONEX, emphasizing their innovative approach to decentralized finance and their potential to reshape the industry with remarkable solutions and significant growth opportunities. Takashi stated:
“We are immensely optimistic about the prospects of Soneium and SONEX. Our commitment is driven by the groundbreaking approach these platforms are taking towards decentralized finance, promising to reshape the industry with innovative solutions and robust growth potential.”
SONEX is part of the Soneium ecosystem, combining DeFi with entertainment to create a safe, efficient, and easy-to-use trading platform. Using blockchain and AI, it aims to transform decentralized finance and give users the tools to navigate the changing financial world. With its innovative approach and strong investor backing, the exchange is poised to become a leader in the DeFi space.
Temitope is a writer with more than four years of experience writing across various niches. He has a special interest in the fintech and blockchain spaces and enjoy writing articles in those areas. He holds bachelor's and master's degrees in linguistics. When not writing, he trades forex and plays video games.
