TrueNorth Raises $1 Million to Launch AI-Powered Crypto Discovery Engine
TrueNorth, an AI-driven crypto discovery platform, has secured $1 million in strategic angel funding, garnering support from prominent figures in the blockchain and investment sectors. Backers include the founders of LayerZero, SEI, Selini Capital, Plume, Virtuals, and Presto Labs, highlighting strong market confidence in the project’s vision for the future of crypto investing.
TrueNorth was co-founded by Willy Chuang, former COO of the hybrid CeFi/DeFi exchange WOO, and Alex Lee, a PhD in AI and a former tech investor at Temasek. The platform aims to revolutionize how investors discover and act on crypto opportunities by leveraging autonomous AI agents. These agents continuously scan blockchain networks, social networks, and macroeconomic data to deliver real-time, tailored insights based on each user’s portfolio, trading style, and behavior.
“Our goal is to cut through the noise in an increasingly complex market,” said Chuang. “TrueNorth’s generative interface adapts in real time, providing evolving insights that help users make faster, more confident decisions.”
The funding round attracted participation from notable industry leaders, including Bryan Pellegrino (LayerZero), Jeff Feng (SEI), Jordi Alexander (Selini Capital), and Yongjin (Presto Labs), among others. These investors share a belief in the transformative potential of AI for crypto trading, particularly in areas like interoperability, algorithmic strategies, and infrastructure innovation.
Currently in closed beta, TrueNorth is working with its initial 500 early users– known as “Truthsayers”– to refine its agentic workflows and user experience. The team plans to reveal more about its advanced architecture and agent structures ahead of a public launch, aiming to offer smarter, hyper-personalized discovery tools to the broader crypto community.
XY Finance, a prominent entity in cross-chain infrastructure, has introduced SuperIntent. SuperIntent is the first omnichain AI crypto super app designed to simplify decentralized finance (DeFi) purchases by providing AI-driven insights and strategy execution across multiple blockchain networks.
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