Wisdomise secures $9.5 million for AI-driven Web3 expansion

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Artificial intelligence (AI) infrastructure Wisdomise has successfully closed a $9.5 million funding round with contributions from Chainlink Labs, SingularityDAO, VentureSouq, Pontinova Invest, Cetacean Capital, and ODE Capital.

The funds will enhance Wisdomise’s deep tech foundation, focusing on AI/ML, Blockchain, and Quant Finance, and support the development of a Financial Intelligence SuperApp. This app aims to enable efficient digital asset investment and wealth management.

“The recent funding round is a significant stride in our mission to empower everyone on earth to participate in the exciting world of digital assets. At Wisdomise, we are dedicated to harnessing the power of AI and innovative financial instruments to build a platform that removes barriers to entry and fosters informed decision-making for active traders and passive investors,” Dr. Fardad Zand, CEO and co-founder of Wisdomise. “This additional capital will fuel our efforts to further enhance our deep tech foundation (across three key dimensions: AI/ML, Blockchain, and Quant Finance) and reach new heights, ultimately democratizing access to the immense potential of digital assets and contributing to financial inclusion and independence globally.”

The recent capital injection builds on Wisdomise’s investment history, including $6.5 million raised in Seed and Pre-Series A rounds in the past two years. The Pre-Series A round in September 2023 valued the company at $75 million post-money.

Wisdomise offers an all-in-one solution with proprietary tools and data for active and passive crypto market participants, as well as a fully automated trading platform for passive income through traditional and decentralized finance products managed by advanced AI models.

Moreover, the company’s native token’s fully diluted value is projected to hit $30 million at the time of its public token launch in May 2024. Wisdomise reported 30,000 monthly active users and 120,000 community members in under a year.

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