Based on ChainCatcher, Hyperliquid ecosystem's automated trading protocol Otomato Protocol has announced a $2 million strategic funding round led by a UK deep tech firm, the name of which has not been disclosed. The new funds will support Otomato in launching autonomous agent services, enabling users without coding expertise to create agents for executing and managing on-chain and off-chain trading tasks.
Otomato Protocol Completes $2M Strategic Funding Round
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Otomato protocol has secured $2 million in funding led by a UK-based deep tech firm, according to ChainCatcher. The protocol is part of the Hyperliquid ecosystem and plans to use the funding to launch autonomous agent services. These tools will let non-technical users build agents to handle on-chain and off-chain trading tasks.
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