Curated News
By: NewsRamp Editorial Staff
June 03, 2025
Donut Labs Secures $7M for Revolutionary Crypto Browser
TLDR
- Donut Labs secures a $7M pre-seed round to revolutionize crypto trading with its agentic browser, offering users a competitive edge in instant trades and yield earnings.
- Donut Labs' browser integrates decentralized tools into a single interface, enabling users to execute trades and access crypto services efficiently through the CodeAct framework.
- By merging information retrieval with financial actions, Donut Labs aims to democratize crypto trading, making it more accessible and efficient for users worldwide.
- Donut Labs is rearchitecting the internet's front-end with an AI-driven browser that transforms how we interact with cryptocurrency, blending technology and finance innovatively.
Impact - Why it Matters
This development is significant as it represents a leap forward in the integration of cryptocurrency trading with everyday web browsing. By eliminating the need to switch between platforms for information and transactions, Donut Labs' browser could dramatically simplify the crypto trading process, making it more accessible to a broader audience. This innovation could also accelerate the adoption of cryptocurrencies by reducing the technical barriers to entry, potentially reshaping the landscape of digital finance.
Summary
Donut Labs, a New York-based startup, has successfully closed a $7 million pre-seed funding round led by HongShan Capital Group, with participation from notable investors such as BitKraft, HackVC, and Matrix Partners. The company is developing an innovative 'agentic browser' designed to revolutionize cryptocurrency trading by integrating financial actions directly into the browsing experience. Founded by Chris Zhu, a Stern School of Business alumnus and former ByteDance product strategy manager, Donut Labs boasts a team of experts from Meta AI, Tencent, and other leading tech firms. The browser aims to merge information retrieval with financial transactions, offering users a seamless platform to trade, bet, and earn yield on cryptocurrencies without navigating away from a single page. Utilizing the CodeAct framework and a MCP client, Donut's technology promises to enhance the efficiency and accessibility of crypto transactions. The company also plans to integrate a wallet, network, and decentralized exchange into its interface, further simplifying the crypto experience for users.
Source Statement
This curated news summary relied on content disributed by citybiz. Read the original source here, Donut Labs Secures $7M for Revolutionary Crypto Browser
