ChainCatcher news, according to Decrypt, Ryze Labs has announced a partnership with ai16z, the world's first venture capital firm operated by autonomous AI agents, to launch the AICombinator program and establish a $5 million fund to support the development of the ai16z ecosystem.Selected projects will gain early access to new features of the ai16z Eliza framework. The Eliza framework is a flexible AI tool designed to create interactive characters that can connect with Discord and Twitter, and it is currently widely used in the development of crypto AI agents.Matthew Graham, Managing Partner of Ryze Labs, stated that utilizing AI agents in the crypto space is the most significant paradigm shift since the rise of on-chain DeFi at the end of 2020. Ryze Labs has previously invested in well-known Web3 projects such as Solana, LayerZero, Polygon, and Wintermute.

ChainCatcher news, Sino Global Capital announced its rebranding to Ryze Labs, marking the company's entry into a new phase in the global Web3 investment space. Ryze Labs will continue to support projects that are building the next generation of the internet, no longer focusing on specific regions. Ryze Labs aims to help founders achieve growth and expansion by entering emerging markets.It is reported that Ryze Labs was founded in 2015, with a portfolio that includes many well-known Web3 projects and institutions such as Solana, LayerZero, Polygon, and Wintermute.