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Rollie Finance, the one-swipe AI trading platform, receives investment from Animoca Ventures

CryptoPotato / 22.03.2024 / 10:32
Rollie Finance, the one-swipe AI trading platform, receives investment from Animoca Ventures

[PRESS RELEASE – Singapore, Singapore, March 22nd, 2024]

Rollie Finance, the first one-swipe AI trading perpetual exchange on Scroll, announced today that it has raised a seed round of funding from Animoca Ventures, M77 Ventures, Sandy Peng, Co-Founder of Scroll, Alex Lee, Founder of Wombat Exchange, and Kate Wong, COO of RSS3.

Rollie Finance stands out from the many decentralized perpetual exchanges through its innovative AI-powered one-swipe-trading design, in which trades can be placed by simply swiping left or right on mobile to reflect users’ interests and trading appetites. Inside the simple one-swipe-trading interface, numerous trading algorithms, years of trading experience, real-time on-chain data, AI analysis, and more are simultaneously implemented in the background to ensure the trade is both simple and sophisticated. The new funding announced today will be used to further refine Rollie’s AI-powered trading algorithms.

Animoca Ventures is the venture investment arm of Animoca Brands, a global leader in gamification and blockchain with a large portfolio of over 400 investments in Web3 projects, and with the mission to advance digital property rights and decentralized projects that contribute to building the open metaverse.

Arthur, the founder of Rollie Finance, said: “The advances in AI, trading algorithms, and on-chain data mean that the time-consuming technical analysis (TA) and fundamental analysis (FA) can now be abstracted from the consumer experience. Some users like to spend their time on research and analysis, and some are too busy or new to trading and wish to have all the complexity abstracted away; Rollie targets the latter. We are here to make trading fun and simple.”

James Ho, the head of Animoca Ventures, commented: “We are here to support innovations, especially those that are consumer friendly and demonstrate a strong product-market fit. Rollie’s appealingly simple trading UI makes it easy to onboard new users to Web3.”

Sandy Peng, co-founder of Scroll, commented: “We believe in the wealth of experience of the Rollie team and are excited that such an innovative product chose Scroll as its home. After the highly anticipated EIP 4844 Ethereum Dencun upgrade, we expect trading on Rollie to become even faster and cheaper.”

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