TechFlow reported that on September 2, Web3 trend tracking and smart trading platform TrendX announced the completion of a $5 million Series A financing. This round was led by Promontory, Coinstash, Frontier Research, Coresky, Tido Capital, and Bullperks. Together with the $1 million seed round earlier this year, TrendX has raised a total of $6 million.

TrendX is an AI-driven Web3 trend tracking and smart trading platform that uses large language models and AI technology to find market trends and implement smart trading. The newly acquired funds will be used for technology upgrades, market expansion, and talent introduction to accelerate the innovation of Web3 trend analysis, AI-driven analysis, and on-chain and off-chain trend tracking technologies.