fundraising

PERPTools raises $8M with NEAR, Animoca Brands joining seed round

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2News media
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Published

PERPTools raised $8 million across two token funding rounds and said the capital will support work on AI-native perpetual trading infrastructure. One account adds that the platform had $240 million in volume during private beta testing and that NEAR and Animoca Brands joined the seed round.

Key claims & sources

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PERPTools raised $8 million across two token funding rounds.
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Its perpetual trading platform recorded $240 million in volume during private beta testing.
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The company said the money will be used to develop AI-native perpetual trading infrastructure.

What it means

Perp traders and users of the platform are the group most likely to notice this next, because the project now has fresh funding and named backers. That matters today as a signal that the team is still building the product and has more resources for the work it described. (per ambcrypto.com)

In practice, the platform remains a perpetual trading product, but the stated focus has shifted to AI-native infrastructure. The $240 million private-beta volume is already part of the story, while the addition of NEAR and Animoca Brands to the seed round changes who is formally behind the project.

Market reaction i

NEAR ProtocolNEAR it is the asset of the company or protocol in the event
first headline
0.0% 2 h before
-3.9% 4 h after
$5.11price at publication
12data points

Coverage timeline

Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.

first
Oct 1 12:00
crypto.news scoop
Breaks the event: $240M
+0 min
Oct 1 12:00
AMBCrypto context
Its angle: infrastructure, stakeholder, accelerate