The encrypted artificial intelligence agency platform, Olas, has received $13.8 million in financing, led by 1kx

The autonomous AI agent application store in cryptocurrency, Olas, has completed a financing of 13.8 million US dollars to support the launch of its "agent application store" named Pearl.

This round of financing was led by 1kx, with follow-up investments from institutions such as Tioga Capital, Sigil Fund, Zee Prime Capital, Borderless, and Keyrock.

The Olas team is also known as Autonolas. The company's team stated that this fund will be used to support its agent application store aimed at democratizing user-owned AI agents.

This app store will allow users to directly own and control their AI agents on-chain for various use cases such as autonomous social media accounts or DeFi transactions.