Waves Protocol’s Units.Network Raises $10M as AI-Blockchain Market Heats Up
Units.Network, a Layer-1 blockchain built on the Waves Protocol and founded by Sasha Ivanov, has secured $10 million in funding from Nimbus Capital, the digital asset arm of In On Capital, which manages over $1.3 billion...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Units.Network, a Layer-1 blockchain built on the Waves Protocol and founded by Sasha Ivanov, has secured $10 million in funding from Nimbus Capital, the digital asset arm of In On Capital, which manages over $1.3 billion in assets.
https://t.co/xbza47TsHk Raises $10M to Accelerate Ecosystem Growth!https://t.co/xbza47TsHk secures funding from Nimbus Capital, a global investor focused on cross-border blockchain deals with >USD $1.3 billion in AUM https://t.co/q629egSQXJ
The funding will activate… pic.twitter.com/PchjGTnlkS
In a press release shared with CryptoNews, the firm said that part of Units.Network’s mission is to merge blockchain with artificial intelligence, as institutional capital increasingly flows into on-chain infrastructure with real-world utility.
The investment will be used to scale validator capacity, deepen cross-chain liquidity rails, and fast-track the launch of two key AI primitives: an AI Launchpad and an AI Liquidity Manager. Both tools will empower developers and traders with on-chain access to intelligence-driven market products.
Building the Future of On-Chain AIWith the convergence of AI and blockchain moving from theory to production, Units.Network is positioning itself at the centre of this emerging frontier.
Analysts project the blockchain-AI market to grow from $0.7 billion in 2025 to $1.9 billion by 2029, reflecting a compound annual growth rate of around 28%.
The launch of Units.Network’s AI Launchpad is intended to lower the barrier of entry for innovators, while the AI Liquidity Manager is designed to create fairer and more efficient markets.
“This investment allows us to place practical artificial intelligence at the centre of our ecosystem,” said Sasha Ivanov.
“The Launchpad lowers barriers for innovators, and the liquidity manager will create fairer and more efficient markets for builders and traders.”
Robert Baker, Managing Partner at Nimbus Capital, added: “We’ve been tracking the AI-blockchain convergence closely, and Units.Network stood out for delivering real on-chain utility.”
Market Momentum and Community ExpansionBeyond institutional backing, Units.Network is also accelerating community growth. The project recently launched a DAO-led performance grant program, offering incentives to developers whose applications attract over $1 million in total value locked (TVL).
These grants are expected to support a healthy pipeline of ecosystem projects ahead of the Launchpad’s public debut later this year.
Retail interest in AI-linked crypto tokens has surged, with combined valuations rising from $2.7 billion to more than $26 billion in the past year, outpacing Bitcoin’s performance.
As investor enthusiasm grows and enterprise blockchain adoption accelerates, Units.Network’s blend of AI-native tooling and Layer-1 scalability positions it as a key player in the next wave of crypto innovation.
The post Waves Protocol’s Units.Network Raises $10M as AI-Blockchain Market Heats Up appeared first on Cryptonews.
Why this matters
This blockchain story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptonewsRelated market context
Navi Protocol introduces NAVI Prime lending framework on Sui Network
NAVI Prime's tailored risk frameworks could enhance capital efficiency and market resilience, potentially reshaping DeFi lending d...
Trump-linked World Liberty Financial wins OCC bank approval as $112 million DeFi position sits near liquidation
The Office of the Comptroller of the Currency (OCC) gave World Liberty Financial, a DeFi venture associated with President Donald...
Record user activity and a collapse in whale selling should send XRP soaring, so why is it still pinned at $1?
XRP is back near $1 even as network activity rebounds, whale deposits to Binance collapse, and derivatives exposure builds near re...
Wall Street finally turned staking into a dividend, now Ethereum and Solana want to shrink it
Grayscale's July 17 SEC filings said its Ethereum and Solana staking ETFs would convert staking rewards to cash and distribute the...
Bitcoin’s $16.3 billion Wall Street stress test splits into four positional patterns
The $16.3 billion in Bitcoin ETF positions that CryptoSlate recently tracked ahead of the Q2 filing deadline resolved into four di...
Morpho Midnight introduces Quoter Bot for automated market quoting on its fixed-rate lending protocol
Morpho's Quoter Bot could enhance liquidity and efficiency in DeFi's fixed-rate lending, potentially revitalizing a challenging ma...