Donut Labs raised $7 million in funding to launch the first AI-powered "proxy" crypto browser
PANews reported on May 29 that, according to Cointelegraph, New York-based Donut Labs announced the completion of a $7 million Pre-Seed round of financing, led by Sequoia, Bitkraft, HackVC, and with participation from ecological leaders such as Solana. Donut aims to build the world's first "proxy" crypto browser with built-in AI proxies that recognize web page intent and automatically execute on-chain transactions, such as swaps, mining, and asset optimization. The browser integrates wallets, DEXs, and decentralized network access, and is intended to evolve into a crypto financial steward for users in the future.
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