Wu said that Khalani Network announced that it had received $2.5 million in seed round financing, led by Ethereal Ventures, with participation from Nascent and Figment Capital and BitMEX co-founder Arthur Hayes. The financing will help Khalani expand its team, promote research and engineering, and enable Khalani to achieve full production. Khalani is said to be the first decentralized solver platform for intent-driven generative coordination.