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HomeFunding NJ-based Ainn Layer2 Secures an Undisclosed Amount in Funding

[Funding alert] NJ-based Ainn Layer2 Secures an Undisclosed Amount in Funding

Amount of funds secured by AINNLayer2, the first decentralised Bitcoin Layer 2 network project supporting large-scale AI applications, remains undisclosed.

Amount of funds secured by AINNLayer2, the first decentralised Bitcoin Layer 2 network project supporting large-scale AI applications, remains undisclosed.

Waterdrip Capital, Satoshi Lab, Foundinals Lab, Monday Capital, AlNN Labs, Bitrise Capital, Genblock Capital, AscendEx, Bitmart’s fund, Cipholio Ventures, and other investors participated in the round.

The cash will be used by the company to support worldwide operations, ecosystem expansion, and faster technological iterations.

Read also – TX-based Blockhouse Digital Secures $2Million in GP Funding

Large-scale AI applications are supported by the decentralised Bitcoin Layer2 network initiative called AINNLayer2. It is an ecosystem project of the AI inscription AINN, which is one of the first inscriptions supported by the Binance web3 wallet and has been listed on popular exchanges including Bitget, Gate.io, and Bitmart.

Currently, more than 100 ecosystem initiatives are being co-built by them. AINNLayer2, the BTC Layer2 infrastructure, will empower and integrate AINN ecosystem projects, propelling the ecosystem’s overall development.

With the goal of advancing the deep integration of web3 and AI, the AINN community has currently spread over five continents and localised community members in places like France, Indonesia, South Korea, and Japan.

Read also – MA-based Ediphi Secures $12Million in Series A Round Funding

About Ainn Layer2

AINN Layer2 (ANVM) is a state-of-the-art Bitcoin Layer2 solution with a focus on AI-driven modular design. AINNLayer2 seeks to foster the creation of decentralised AI applications by consistently constructing the necessary infrastructure. In the future, billions of consumers will use AI products on AINNLayer2, thousands of AI applications will be installed on it, and together they will create the ecosystem blueprint for web3+AI.

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