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Orbio, an AI project in the Robinhood ecosystem, has raised $1.2 million in seed funding. The participating investors were not disclosed.
Orbio plans to use the funding to build a system that allows AI agents to independently secure computing resources, hardware and dedicated infrastructure. The project is also developing a marketplace where access to more than 400 AI models can be traded at discounted prices.
The ORBIO token was issued through a liquidity pool based on tokenized Nvidia shares. According to GMGN, ORBIO has a market capitalization of around $53.42 million and is up 26% over the past 24 hours. Low trading volume has made the token highly volatile.