AI in Cryptocurrency: DWF Labs launches autonomous buying and selling agent

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  • DWF Labs has introduced an AI buying and selling agent for absolutely autonomous portfolio administration.
  • The AI ​​agent can be built-in into DWF Labs' buying and selling workflows.
  • $20 million in funding to speed up innovation in AI and decentralized know-how.

DWF Labs is introducing an AI buying and selling agent that would change the way in which cryptocurrency markets function. These brokers are constructed for autonomous portfolio administration and goal to enhance the accuracy and effectivity of market formation. Co-founder Andrei Grachev mentioned the know-how is a serious step ahead in crypto buying and selling, combining innovation and practicality.

The AI ​​agent is now built-in into DWF Labs' buying and selling workflows. These have the potential to rework portfolio administration throughout the crypto market.

DWF Labs’ AI Buying and selling Agent: A New Period of Autonomy

Developed by DWF Labs, these AI brokers goal to convey extra autonomy and effectivity to the cryptocurrency market. Brokers are programmed to deal with complicated buying and selling choices, making certain one of the best efficiency with minimal human enter. Whereas the know-how is revolutionary, there are not any plans to open supply it but, Grachev mentioned.

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“For now, that is solely used internally and we’re very cautious about it,” Grachev replied to a consumer on X.

DWF Labs offers $20 million in funding for AI and Web3

This information follows the corporate's just lately established $20 million fund to assist AI and distributed applied sciences within the Web3 area. The fund will assist tasks that broaden using AI in areas similar to finance, logistics, leisure and governance. Along with funding, chosen tasks will obtain cloud server credit and the chance to collaborate with the blockchain ecosystem.

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DWF Labs is reportedly one of many world's largest high-frequency cryptocurrency buying and selling firms. Traded on spot and derivatives markets on over 60 main exchanges around the globe. The corporate additionally advises enterprise leaders on navigate the Web3 atmosphere.

This AI buying and selling agent initiative matches into DWF Labs' total objective of accelerating innovation in AI and decentralized know-how. This might result in additional advances within the digital financial system.

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