Pheasant Network completes $2 million seed round financing, Ethereum Foundation and others participate

AI and intent-driven next-generation interoperability network Pheasant Network completed a $2 million seed round of financing, with participation from the Ethereum Foundation, Optimism Foundation, Polygon Labs, etc. The project combines ERC7683-based intent standards with artificial intelligence to further optimize cross-chain transactions and decentralized finance (DeFAI) ecosystem. Currently, it supports Ethereum and more than 30 Layer 2 networks.