STATEMENT: HTX Ventures invests in ChainML, developer of AI agent protocol Theoriq

(Information sent by the signatory company).

STATEMENT: HTX Ventures invests in ChainML, developer of AI agent protocol Theoriq

(Information sent by the signatory company)

- HTX Ventures invests in ChainML, developer of Theoriq AI agent protocol, to support the development of decentralized AI agent protocol

SINGAPORE, May 14, 2024 /PRNewswire/ -- Committed to expanding the reach and usability of blockchain technologies, HTX Ventures, the global investment arm of cryptocurrency exchange HTX, has announced a strategic investment in ChainML, a Silicon Valley-based artificial intelligence and machine learning research and development lab that recently unveiled its innovative Agentic base layer, Theoriq.

ChainML recently raised $6.2 million during its Super Seed funding round, led by Hack VC. The funding underscores the confidence and excitement surrounding ChainML's vision to seamlessly integrate AI into the decentralized world of blockchain and revolutionize the AI ​​landscape. By providing a platform like Theoriq for unlimited innovation in AI, based on the principles of composability, extensibility and community-driven governance, ChainML promises to offer an unparalleled ecosystem for deploying sophisticated AI agents that leverage Web3 technology to ensure transparency, safety and efficiency.

Theoriq's axioms, based on principles of social evolution and implemented with blockchain, lay the foundation for continually improving community-governed AI systems.

Key features are:

Edward, Managing Partner at HTX Ventures, explained: "ChainML's Theoriq is an innovative platform that provides a practical solution for AI agents to interact interchangeably, packed with more autonomy and capability. The platform paves the way for the future of "AI, we are excited to be part of this journey."

“Today is a pivotal moment for ChainML and the broader AI and Web3 communities,” said Ron Bodkin, co-founder and CEO of ChainML. "With Theoriq, we're not just launching a product – we're spearheading a movement toward a transparent, community-governed AI ecosystem. HTX Ventures' support will be critical as we unlock new potentials for AI integration within the decentralized space ".

HTX Ventures is pleased to support innovative projects like ChainML, which combine AI development with blockchain to explore new synergies. Users can interact with the Theoriq testnet this summer by joining the waitlist.

Contact detailsMichael Wangglo-media@htx-inc.com

Company website https://www.htx.com/en-us/ventures

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