Excited to announce we’ve raised $6.4M to build MNX, the AI exchange! MNX is a decentralized futures exchange built for the AI economy. The problem: AI is the most important sector in the world, and it has almost no financial infrastructure. There’s no market to hedge compute costs. No benchmark markets to bet on the speed of AI progress. No access to liquidity on private labs prior to IPO. MNX fills those gaps with institutional-grade markets: - Futures on GPU rental prices & datacenter electricity costs - Valuation markets on private labs like OpenAI, Anthropic, and DeepSeek - Prediction markets on AI benchmarks, product releases, and financials - Perps on AI-exposed global stocks like Micron, SK Hynix, TSMC, Sivers, Z.ai, etc Trade with leverage, portfolio margin, and fair execution via batch auction. Settlement is fully non-custodial on @megaeth, the fastest blockchain. Learn more at https://mnx.fi See full announcement: https://lnkd.in/gWDZqS5P
It’s been great seeing all the different ideas being born in the startup space. Glad to have the opportunity to be a part of the ride with companies like MNX through Multimodals involvement!
liquidity about to go brrrr
I love it when the thesis to invest jumps about 10 feet off the page and you know you want to be a part of something. Stephen Grugett and team MNX is building something special here... congrats on the round and excited to be a part of this!
congratulations. I am excited at what the MNX team is building.
Congrats! Can‘t wait for mainnet!
Congrats Stephen Grugett and team - exited to be part of the round - this is such a unique idea and team to invest in!
Let's build MNX
Woah, congrats!!
Congrats Stephen! Huge pre-seed round!
This is huge for AI x Crypto! Futures on GPUs, AI lab vals & NVDA perps with non-custodial settlement.. Count me in Congrats on the raise. Best of luck MNX team ✌🏻