Donut Labs Raises $22M to Deploy AI-Powered Crypto Trading Browser with 160K Waitlist
Donut Labs, fresh off $7M pre-seed and $15M seed rounds, has secured $22M in Series A funding to advance its AI crypto trading browser, Donut Browser. This autonomous on-chain trading agent integrates directly into web browsers to analyze market data, compute risk, and execute trades in real time—even offline. Boasting a waitlist of over 160,000 users, the AI crypto trading browser promises lower latency, reduced slippage, and personalized DeFi strategy automation. Leading investors including BITKRAFT, Makers Fund, Sky9 Capital, Altos Ventures, and Hack VC back the project. The new capital will drive browser monetization, enhance continuous learning algorithms, and scale product development to meet the burgeoning DeFi derivatives market, which exceeds $1 trillion in monthly volume.
Bullish
Donut Labs’ $22M Series A reflects strong investor confidence in AI-driven trading solutions and is likely to boost trader optimism. In the short term, Donut Browser’s on-chain, AI-powered execution could increase trading volumes by lowering latency and slippage. Over the long term, widespread adoption of AI-driven, continuous-learning trading tools may enhance market efficiency, attract new participants to DeFi, and support sustained growth in cryptocurrency trading volumes. Collectively, these developments point to a bullish outlook for the crypto market’s trading segment.