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Project Overview
Canopy is a DeFi platform on Movement that uses a dynamically balanced dual-token ecosystem of $LEAF and $OAK, and also allows users to provide liquidity with single asset deposits.
AI-native blockchain development framework Canopy completes $8.5 million seed funding round, with participation from Fenbushi Capital and others
Canopy, an AI-native blockchain development framework, has announced the completion of an $8.5 million seed funding round, with participation from Arrington Capital, Fenbushi Capital, Borderless Capital, and SNZ Capital. The new funds will be used to support its mainnet launch, expand its engineering team, and advance the development of AI-native development tools and the developer experience. The goal is to compress complex decentralized application development into readable code, enabling both developers and AI coding assistants to rapidly generate complete applications. (Crypto News)
Movement Acquires Treasury Infrastructure Project Canopy to Accelerate Development of End-to-End Onchain Finance
According to Movement’s official blog, Movement has announced the acquisition of Canopy, a treasury infrastructure project, bringing it under internal operations. Canopy is a treasury-layer protocol deployed on the Movement Network; its smart contracts enable users and independent curators to allocate assets and compose strategies on-chain.
Related news
AI-native blockchain development framework Canopy completes $8.5 million seed funding round, with participation from Fenbushi Capital and others
Canopy, an AI-native blockchain development framework, has announced the completion of an $8.5 million seed funding round, with participation from Arrington Capital, Fenbushi Capital, Borderless Capital, and SNZ Capital. The new funds will be used to support its mainnet launch, expand its engineering team, and advance the development of AI-native development tools and the developer experience. The goal is to compress complex decentralized application development into readable code, enabling both developers and AI coding assistants to rapidly generate complete applications. (Crypto News)
Movement Acquires Treasury Infrastructure Project Canopy to Accelerate Development of End-to-End Onchain Finance
According to Movement’s official blog, Movement has announced the acquisition of Canopy, a treasury infrastructure project, bringing it under internal operations. Canopy is a treasury-layer protocol deployed on the Movement Network; its smart contracts enable users and independent curators to allocate assets and compose strategies on-chain.