News linked to both this project and an event.
MNX, a decentralized futures exchange focused on the AI economy, has completed a $6.4 million funding round with participation from Village Global, Cambrian, Relay Digital, North Island Ventures, and others. MNX aims to build AI-native derivatives infrastructure, covering futures on GPU rental prices and data center electricity costs, valuation markets for private labs such as OpenAI, Anthropic, and DeepSeek, AI benchmarks and financial forecasting markets, as well as perpetual contracts for AI-related global equities. The platform supports leverage, portfolio margin, and batch auction for fair execution. Settlements are conducted in a fully non-custodial manner on MegaETH, with the mainnet scheduled to launch this summer.
According to The Block, Brix—a startup focused on tokenizing emerging-market assets—has announced a $5.5 million funding round. Participants include Yapi Kredi’s venture capital arm, FRWRD, IS Asset Management, and crypto investment firms Circle Ventures, ConsenSys, and Borderless Capital. Brix plans to launch on the MegaETH network, aiming to bring traditionally institutional trading strategies—such as Turkish lira arbitrage—on-chain.