On-chain trading infrastructure company Birdai Labs raises $4 million in funding
Foresight News reports that on-chain trading infrastructure company Birdai Labs has completed a $4 million funding round led by Castle Island Ventures, with participation from Metalayer Ventures and The Venture Dept. Birdai Labs was founded by former employees of Franklin Templeton and aims to capture the timing, ordering, and propagation process of transactions through self-built infrastructure, thereby reducing the impact of MEV, slippage, and other factors on trading outcomes.
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