On-chain execution infrastructure company Birdai Labs has completed a $4 million seed round, led by Castle Island Ventures.

PANews July 28 news, according to PR Newswire, on-chain execution infrastructure company Birdai Labs announced the completion of a $4 million seed round. This round was led by Castle Island Ventures, with Metalayer Ventures and The Venture Dept participating as co-investors. Birdai Labs focuses on infrastructure for measuring, verifying, and optimizing transaction execution quality for high-performance public chains. Its goal is to reduce value leakage between orders and trades caused by ordering and propagation, and to return more value to traders and market makers. The company team comes from traditional financial institutions such as Franklin Templeton and Citadel. It is expanding its senior engineering and quantitative research teams to adapt to on-chain execution competition under multi-proposer architectures, and to provide verifiable standards for fair and transparent execution to enable future institutional participation in the digital asset market.