ATHENS, GA, Lockchain.ai, the leading AI-powered Blockchain Risk Management platform, has closed its Series A funding.
The nearly $5 million round will be used to fuel additional development, adding features that improve speed and efficiency for clients managing cryptocurrency positions. White Star Capital led the round, with additional investment from Lerer Hippeau, Arrington Capital, and Sonic Boom Ventures, among others.
Lockchain.ai is the world's first risk management platform for blockchain assets, leveraging generative AI to provide traders and asset managers the intelligence necessary to understand portfolio risks continuously and in real-time. Lockchain.ai provides AI-powered risk management recommendations to portfolios with an aggregate value of more than $2B. With the backing and engagement of industry leaders from across cybersecurity, application security, digital currency management, and blockchain technologies, the Lockchain platform is available today.
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