ChainCatcher news, according to Chainwire, Crypto x AI company Reppo Labs announced the completion of a $2.2 million funding round, with participation from Protocol Labs, CV VC, CMS Holdings, among others, some of which were raised on Echo.xyz. The new funds will be used to develop key infrastructure that enables permissionless collaboration between data owners and AI developers and agents on niche datasets.It is reported that Reppo Labs was spun off from Protocol Labs Venture Studio in March 2024. Reppo is a permissionless network that facilitates seamless collaboration between AI developers and data owners through intent and intellectual property (IP) co-ownership.

ChainCatcher news, Syncracy Capital co-founder Daniel Cheung pointed out that despite a recent increase, the Crypto x AI sector currently accounts for only about 1% of the total market capitalization of the crypto market. As the market cycle develops, leading AI infrastructure, AI agent platforms, and AI agents may perform exceptionally well, with the sector's market capitalization expected to achieve a tenfold increase.