Nexton Solutions, an AI-powered restaking and arbitrage execution protocol, has raised $4 million in strategic funding, led by Danal.
Summary
Nexton Solutions has raised $4 million in strategic funding to support its AI-powered restaking and arbitrage execution protocol. The round was led by Danal and included participation from several venture and ecosystem investors. The company says its platform combines a cross-DEX/CEX arbitrage routing engine with an automatic restaking module. It also claims strong traction, with more than $3 million in total locked value, 60,000 monthly active users, and AI strategies that target high annualized returns.
Funding
Amount
$4.0M
Total raised
Date
November 27, 2024
Announcement date
Investors
Outlier Ventures
Lead investors
Company
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Funded company
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applications
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