Pheasant Network completes $2 million funding to drive AI-powered DeFi interoperability

According to BusinessWire, Pheasant Network under PG Labs has completed a $2 million seed round financing and ecological funding to advance AI × Intent-driven decentralized finance interoperability. The financing was led by mint, with support from the Ethereum Foundation, Polygon Labs, Optimism, and others.

The project has processed over $200 million in cross-chain transactions and plans to expand the application of the PNT token, launch AI-assisted routing, and one-click cross-chain operations.