TREE NEWS update: Dataline, a decentralized data network for AI agents, has raised $10.6 million in a seed funding round, with Coinbase Ventures and Robinhood CEO Vlad Tenev among the investors. The project plans a public token sale through Uniswap’s auction platform and intends to launch its token before the end of the year, with details expected next week.
Dataline Raises $10.6M Seed Round With Coinbase Ventures Participation
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AI take
Coinbase Ventures and a high-profile retail brokerage CEO backing a data network for AI agents signals continued appetite for infrastructure plays at the intersection of two of crypto's most crowded narratives. The Uniswap auction route is notable: it puts token distribution on a decentralized venue rather than a traditional exchange listing, a structure worth watching for how it prices and allocates. The near-term test is whether the token actually ships this year as stated, with next week's details the first concrete checkpoint.
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