HTX Ventures, the global investment arm of cryptocurrency exchange HTX, has announced a strategic investment in ChainML, a Silicon Valley-based AI and ML development and research lab that recently unveiled its ground-breaking Agentic Base Layer, Theoriq. The company is committed to expanding the reach and usability of blockchain technologies.
In its most recent Super Seed investment round, which was headed by Hack VC, ChainML raised $6.2 million. The funding demonstrates the enthusiasm and confidence surrounding ChainML’s plan to transform AI and easily incorporate it into the decentralised blockchain environment.
Read also – India-Based Biorad Medisys Secures $47.9 Million in Funding
ChainML claims to offer an unrivalled ecosystem for deploying sophisticated AI agents that utilise Web3 technology to ensure transparency, security, and efficiency. ChainML is a platform similar to Theoriq for limitless AI innovation, built on the principles of composability, extensibility, and community-driven governance.
Read also – Saudi Arabia-based HRtech Qsalary partnered with Itqan Capital
Theoriq’s axioms which are grounded on social evolution theory and employ blockchain technology provide the groundwork for AI systems that are continuously enhanced and governed by the community.
Edward, Managing Partner at HTX Ventures, said “ChainML’s Theoriq is an innovative platform that provides an actionable solution for AI agents to interact interchangeably, packed with more autonomy and capability. The platform paves the way for the future of AI, we are excited to be part of this journey.”
“Today marks a pivotal moment for ChainML and for the broader AI and Web3 communities,” said Ron Bodkin, Co-founder & CEO of ChainML. “With Theoriq, we’re not just launching a product—we’re spearheading a movement towards a transparent, community-governed AI ecosystem. HTX Ventures’ support will be instrumental as we unlock new potentials for AI integration within the decentralized space.”
About HTX Ventures
The global investment division of HTX, known as HTX Venture, combines research, incubation, and investing to find the most innovative teams worldwide.
