Akka Finance Lands Core Ventures Backing to Merge Bitcoin DeFi and AI—Because What Could Go Wrong?
Another day, another 'strategic' crypto play—but this one's got AI buzzword bingo.
Core Ventures just threw its weight behind Akka Finance's quest to bolt machine learning onto Bitcoin's DeFi ecosystem. Because if there's one thing decentralized finance needs, it's more complexity.
The move signals growing VC appetite for stacking speculative technologies (Blockchain! AI!) into unstable financial Jenga towers. Akka's pitch? Using algorithms to 'optimize' yield farming and liquidity pools—presumably until the next smart contract exploit.
No terms disclosed—because when has transparency ever been crypto's strong suit?