Canyon Network, an on-chain AI prognosticator service, closes $6 million funding round with participation from DAO Venture and others

On October 18, Canyon Network, a New York-based on-chain AI prognosticator service, announced the completion of a $6 million funding round with participation from DeData Technologies, DAO Venture, Vinci Labs, and Fission Digital Capital, which valued the company at $60 million, and that the new funds will be be used to support its development and launch of Onchain AI Oracle, which improves the transparency, efficiency and security of AI-powered blockchain applications.