According to ChainCatcher, the regulatory risk management AI platform Abstract has completed a $4.8 million financing, led by blockchain venture capital firms Communitas Capital and Bonfire Ventures. The new funds will be used to build an AI intelligence platform to provide real-time analysis of proposed and existing government policies and regulations.

It is reported that Communitas Capital's investment portfolio also includes currency infrastructure B2B trading market AbbeyCross, crypto wallet API Tweed, crypto market trading solution provider Finery Markets, and cryptocurrency intelligence company Coin Metrics.