Decentralized solver platform Khalani completes a $2.50 million seed round financing, led by Ethereal Ventures.

TechFlow reports that the decentralized solver platform Khalani has announced the completion of a $2.50 million seed funding round, led by Ethereal Ventures, with participation from Nascent and Figment Capital. Prominent angel investors include Arthur Hayes (through his family office Maelstrom), Jan Xie (Nervos Network), Nick White (Celestia), Zaki Manian (Sommerlier), Adrian Brink (Anoma), and others.

Khalani is developing the world's first decentralized solver platform, aimed at enhancing the Web3 user experience across the blockchain ecosystem through a multi-chain collaborative solving network that connects solvers and intent applications. The platform is dedicated to addressing common issues in Web3 such as liquidity fragmentation, complex user experiences, and inefficient transaction execution.

Khalani stated that the funds from this round will be used to expand the team, advance research and engineering development, and move Khalani towards full production stage.