October 16, 2024
Armor Wallet, an AI-powered web3 wallet, has received a strategic investment from MELD, a crypto-native neobank. This investment aims to revolutionize crypto investing for both new users and professional traders. By supporting Armor Wallet, MELD is committing to a future vision of finance where AI plays a central role in driving the market.
Project | Latest Raise Date | Stage | Lead Investor | Category |
|---|---|---|---|---|
Armor Wallet | October 16, 2024 | Strategic Investment | MELD | AI, Wallet |
MELD’s strategic partnership with Armor Wallet aims to create a future where anyone can invest like a professional, regardless of their knowledge or budget. MELD contributes its investment products and neobank technology, while Armor provides advanced AI tools. Armor Wallet, with its chatGPT-style interface, allows users to simply type their desired actions, and the AI, along with autonomous agents, executes trades around the clock, no matter how complex.
This collaboration includes both financial investment and technology sharing to develop a comprehensive set of financial tools. MELD will help integrate Armor more closely into their services, and Armor will utilize MELD’s offerings to train their AI and enhance product integration.
About Armor Wallet
Armor Wallet is an advanced, AI-powered web3 wallet designed to simplify and enhance crypto investing. It uses a chatGPT-style interface, allowing users to type their investment commands in plain language. The AI, along with autonomous agents, executes these trades efficiently and around the clock. Armor Wallet supports multiple blockchains, ensuring a comprehensive view of all your crypto assets. It also includes features like fraud prevention, trade simulations, and risk management to protect your investments.
Website: https://www.armorwallet.ai/
About Investor
Investor: MELD
MELD is a pioneering platform that bridges traditional finance with decentralized finance (DeFi). It offers a range of services, including cross-chain lending, borrowing, and staking, all powered by the MELD blockchain. This non-custodial DeFi protocol supports multiple blockchains, providing users with a seamless and integrated financial experience. MELD aims to make financial services more accessible and efficient by combining the strengths of both traditional banking and blockchain technology.
Location: George Town, Grand Cayman
Website: https://www.meld.com/
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