TrendX, a web3 trend tracking and intelligent trading platform, has completed a $500 million Series A financing round with lead investments from Promontory and others.

Deep Tide TechFlow News, on September 2nd, according to official sources, Web3 trend tracking and intelligent trading platform TrendX announced the completion of a $5 million Series A financing. This round was led by institutions such as Promontory, Coinstash, Frontier Research, Coresky, Tido Capital, and Bullperks. Combined with the $1 million seed round earlier this year, TrendX has raised a total of $6 million.

TrendX is an AI-driven Web3 trend tracking and intelligent trading platform that uses large language models and AI technology to identify market trends and enable intelligent trading. The newly acquired funds will be used for technological upgrades, market expansion, and talent acquisition, accelerating Web3 trend analysis, AI-driven analysis, and innovative on-chain and off-chain trend tracking technologies. TrendX aims to become the next-generation AI trading platform for the future 1 billion users entering the Web3 ecosystem.