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Eternis AI Secures $30 Million from Coinbase Ventures

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eternis ai 30m coinbase funding
Key Takeaways:

  • Main event, leadership changes, market impact, financial shifts, or expert insights.
  • Eternis AI secures funding for AI blockchain.
  • Significant investment enhances Freysa AI development.

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Eternis AI Secures $30 Million from Coinbase Ventures

Eternis AI, the company behind Freysa AI, has raised $30 million from Coinbase Ventures and Selini Capital. The funding aims to accelerate its personal AI projects on the Base blockchain.

Eternis AI’s $30 million raise from Coinbase Ventures emphasizes blockchain’s potential in AI, indicating major financial backing for decentralized tech.

“We’re grateful for the passionate support of our community and significant financial backing — over $30 million from investors who value decentralization principles and key leaders at the large AI labs. This enables focused execution of our ambitious goals.” — Eric Conner, Former Ethereum Core Developer

The $30 million investment will enhance the development of personal AI technology on the Base blockchain. Key participants in this venture include Coinbase Ventures and Selini Capital, solidifying their commitment to the blockchain sector.

Eternis AI’s funding is expected to stimulate innovative AI projects, potentially transforming the tech landscape. This backing may encourage further investment in blockchain-based AI solutions.

The financial implications of this investment could lead to increased trade volumes and token value appreciation. It underscores the growing intersection of crypto and AI sectors.

Eternis AI’s funding success highlights the trend towards integrating AI within blockchain. Ongoing support from major investors could propel Freysa AI’s technology, influencing future decentralized tech innovations.

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