AI-powered Talus Network raises $10M, hits crypto market
Talus Network, a new Layer‑1 blockchain project and infrastructure network focused on decentralized autonomous AI agents and on-chain automation, debuted on December 11 on crypto exchanges including KuCoin, Gate, Bitget, MEXX, Binance Alpha, and others, with an initial price surge of 15%.
Talus Network ($US) enables the deployment, coordination, and monetization of AI agents and decentralized processes directly on-chain, distinguishing it from some hybrid projects whose actions are not fully verifiable. This gives Talus the foundation layer where AI models can interact, perform tasks, and manage assets without centralized intermediaries.
In its early stage, Talus Network raised over $10 million from investors such as Polychain Capital, Sui Foundation, Walrus Foundation, Animoca Brands, and other strategic partners. As a result, the project was valued at approximately $150 million, which was confirmed by the launch of $US on the crypto market.
Confident start with strong backing
Out of the total 10 billion $US supply, 2.2 billion tokens were allocated to early investors, which are gradually unlocked and may enter exchanges. This model allowed the Talus Foundation to minimize selling pressure, so most of the first trading day saw US in positive territory.
24-hour price dynamics of US. Source: CoinMarketCap
With a starting price of $0.017, the token quickly reached $0.021, then corrected slightly before stabilizing around $0.020. The first-day results confirm strong interest in ambitious AI projects, and the backing of well-known venture capital firms increases retail investors’ chances of success.
An additional advantage for Talus is that the project already supports several operational key products, including the Nexus protocol in testnet, a no-code AI agent builder – Talus Vision, and the consumer app Idol.fun, where AI agents can compete in social environments.
As we wrote, FOLKS token soars 250% after Binance Alpha listing
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