Birdai Labs2026-07-28 15:01:55Birdai Labs raises $4 million in seed round led by Castle Island VenturesBirdai Labs, a company building on-chain execution infrastructure, has raised $4 million in a seed round, according to PR Newswire. Castle Island Ventures led the financing, with participation from Metalayer Ventures and The Venture Dept. The company is focused on infrastructure that measures, verifies, and optimizes trade execution quality for high-performance public blockchains. Its stated goal is to reduce value loss between order placement and execution that stems from sequencing and propagation, while returning more value to traders and market makers. Birdai Labs also said its team includes members from traditional finance firms including Franklin Templeton and Citadel. The company is now expanding its senior engineering and quantitative research teams to address on-chain execution competition under multi-proposer architectures and to support verifiable standards for fair and transparent execution as institutional participation in digital asset markets grows.1890
Plan Executio2026-06-26 00:01:42Former SpaceX Engineer Lex Li Found Plan Execution Lab to Reconstruct Financial Execution System with First PrinciplesLex Li, a former SpaceX engineer, founded Plan Execution Lab to rebuild the financial execution layer from first principles. The lab introduces PlanX, a decentralized execution protocol, and Xgent, an autonomous financial runtime, addressing fragmentation, human-dominated workflows, and rapid strategy decay. The goal is to shift from centralized exchanges to an on-chain execution infrastructure.2080
Plan Executio2026-06-25 13:01:43Former SpaceX Engineer Lex Li Rebuilds Financial Execution System Using First PrinciplesFormer SpaceX engineer Lex Li has founded Plan Execution Lab, leveraging first principles to redesign financial execution. The lab introduces PlanX, a financial execution protocol, and Xgent, an autonomous financial runtime. These tools target fragmentation of execution layers, human-workflow dominance, and strategy decay, aiming to build an open, collaborative, self-evolving execution network that shifts financial execution from centralized exchanges to on-chain infrastructure.2100