logo

aZen Secures $1.2M Seed Round and Web3 Grants to Build DePIN for Ubiquitous AI after onboarding 600k users

By: bitcoin ethereum news|2025/05/02 18:15:01
0
Share
copy
May 2nd, 2025 – Auckland, New Zealand Web3 infrastructure project backed by Waterdrip Capital and Royal Front aims to transform global AI computing with decentralized edge resource integration and scalable tokenized computing. aZen, the decentralized AI-native computing infrastructure for Web3, announced it has raised $1.2 million in seed funding led by Waterdrip Capital, alongside participation from DWF Ventures, Rootz Labs, Mindfulness Capital, Attention Ventures, Quantum Leap Lab, DePIN-X, and ODIG. In addition, aZen’s holding company has secured a $40 million equity investment from UAE-based Royal Front LLC to drive long-term expansion and ecosystem development. “We are excited to back aZen’s vision of decentralized computing for the AI era,” said Jademont, CEO of Waterdrip Capital. “The team’s approach to combining DePIN with AI optimization has the potential to reshape how data, compute, and economic incentives align on a global scale.” aZen has also been awarded strategic Web3 grants from Peaq, ICP, and Swarm, strengthening cross-chain collaboration and unlocking new integrations for decentralized physical infrastructure (DePIN) networks, enhancing liquidity, and expanding AI application reach across ecosystems. “This is a defining moment for aZen,” said Felix Xia, CEO of aZen. “With the support of world-class investors, strategic grants, and ecosystem partners, we are scaling a truly decentralized computing infrastructure that empowers the next era of AI-driven applications. Our goal is to unlock the full potential of Ubiquitous AI — making intelligent services accessible, efficient, and decentralized.” Rapid Traction and Ecosystem Growth Since its soft launch, aZen has demonstrated extraordinary momentum: 600,000+ app downloads (aZen Hub) 360,000+ monthly active users (MAU) 80,000+ active nodes on DePIN Lite testnet These achievements position aZen as one of the most rapidly growing players in the DePIN sector, delivering decentralized, intelligent compute for AI agents, dApps, and enterprise applications. Product Suite and Technology aZen’s ecosystem includes: ZenHive — Commercial-grade edge device providing scalable AI, data analytics, and customer acquisition services for businesses. SocialFI AI Agent — Curates and amplifies high-value user-generated content across Web3 social platforms. DeFAI — Integrates AI into DeFi, optimizing staking, credit scoring, and liquidity management with intelligent agents. Core innovations include transforming computing, AI, and applications into dynamic fractional NFTs (dfNFTs) , enabling tokenization, leasing, and execution; intelligent compute resource scheduling; and privacy-preserving data processing for AI models. Market Vision With the rise of decentralized AI, the demand for scalable, distributed computing has exploded — yet current infrastructures lack the interoperability, scalability, and economic incentives required to power AI at global scale. aZen is addressing this gap by building a universal DePIN layer that connects underutilized edge devices, cloud resources, and AI workloads through smart contract automation, unlocking new economic value for businesses, developers, and everyday users. Strategic partnerships with Zenlayer (Tier 1 IaaS, 300+ datacenters worldwide) and ecosystem collaborators such as ICP, Peaq, and Swarm further strengthen aZen’s ability to deliver cross-platform DePIN resource sharing and liquidity. About aZen aZen is the decentralized computing protocol for Ubiquitous AI. By transforming computing, AI, and applications into tokenized, on-demand services, aZen delivers a scalable, interoperable foundation for decentralized AI agents, dApps, and enterprise use cases. Website: https://azenprotocol.io Social Media: https://x.com/azen_protocol and https://www.linkedin.com/company/azenprotocol COO Alessandro Venè aZen [email protected] Follow Us on X Facebook Telegram Source: https://dailyhodl.com/2025/05/02/azen-secures-1-2m-seed-round-and-web3-grants-to-build-depin-for-ubiquitous-ai-after-onboarding-600k-users/

You may also like

Naval personally takes the stage: The historic collision between ordinary people and venture capital

Naval personally stepped in as the chairman of the USVC Investment Committee. This SEC-registered fund launched by AngelList attempts to bring top private tech assets like OpenAI, Anthropic, and xAI to the general public with a $500 entry threshold. It is not just a new fund, but a structural experi...

a16z Crypto: 9 Charts to Understand the Evolution Trends of Stablecoins

Stablecoins are evolving from trading tools into universal payment infrastructure, and this process is quieter and more thorough than most people expected.

Refutation of Yang Haipo's "The End of Cryptocurrency"

This may be the true test of cryptocurrency. It's not about whether the price has reached a new high, nor about who will achieve financial freedom in the next bull market, but rather whether, after all the grand narratives have been washed away by cycles, it can still leave behind some simpler, more...

Can a hairdryer earn $34,000? Interpreting the reflexivity paradox of prediction markets

Prediction markets are essentially betting on reality, and when participants can access or even influence this path earlier, the market no longer just reflects reality but begins to shape it in return.

6MV Founder: In 2026, the "landmark turning point" for crypto investment has arrived

"I will deploy funds in 2026, so I will tell you this is the best year in history."

Abraxas Capital Mints $2.89 Billion USDT: Liquidity Boost or Just More Stablecoin Arbitrage?

Abraxas Capital just received $2.89 billion in freshly minted USDT from Tether. Is this a bullish liquidity injection for crypto markets, or is it business as usual for a stablecoin arbitrage giant? We analyze the data and the likely impact on Bitcoin, altcoins, and DeFi.

Popular coins

Latest Crypto News

Read more