Surf Raises $15M to Build AI Model Tailored to Crypto Research
Summary
Surf, an AI research and intelligence platform focused on digital assets, has successfully raised $15 million in a funding round spearheaded by Pantera Capital, with participation from Coinbase Ventures and Digital Currency Group (DCG). The San Francisco-based startup plans to use these funds to build Surf 2.0, an advanced version of its proprietary AI model tailored specifically for digital asset analysis, and to expand its enterprise offering. Surf differentiates itself from general-purpose LLMs by training its systems on crypto-native datasets, utilizing a multi-agent setup to analyze social sentiment, on-chain activity, and market behavior. Surf 2.0 will feature a more advanced model, expanded datasets, and new agents capable of executing complex, multi-step workflows typically handled by experienced analysts. Since launching in July, Surf claims to have achieved millions in annual recurring revenue and is reportedly used by 80% of top exchanges and research firms.
(Source:CoinDesk)