AI TRENDS | Canopy Network Raises $8.5 Million in Seed Funding for AI-Native Blockchain Framework

Canopy Network, an AI-native blockchain development framework, said it has raised $8.5 million in a seed funding round, with participation from Arrington Capital, Fenbushi Capital, Borderless Capital, and SNZ Capital. According to Odaily, the project focuses on developing an AI-native blockchain development framework. Canopy Network said it brought the investors in as key stakeholders through recent acquisitions and also completed an acquisition of Tanssi technology. The company added that its testnet is now live.