AI futures exchange MNX raises $6.4 million

MNX, a new futures exchange focused on artificial intelligence applications, has successfully secured $6.4 million in pre-seed funding. The company achieved a $40 million valuation following this investment round. This capital infusion will reportedly be used to develop its AI-focused trading platform, aiming to cater to the growing demand for specialized financial instruments in the AI sector. The venture highlights increasing investor interest in the intersection of AI technology and financial markets.