Hassan Maishera
AI has become an integral part of the tech world and continues to gain relevance in the crypto space. While most of the focus for AI in the crypto ecosystem revolves around algorithmic and automated trading, defi-lending optimization, and advanced threat detection, Swarm Network is trying something new.
Data obtained from Statista revealed that the market size in the Artificial Intelligence market is projected to reach $244.22bn in 2025. It is expected to show an annual growth rate (CAGR 2025-2031) of 26.60%, resulting in a market volume of $1.01tn by 2031. This implies that there is massive room for growth within the AI ecosystem, and verification protocols like Swarm Network could play a big role in how to harness information in a decentralized manner.
To help achieve this objective, the Swarm Network has raised a total of $13M to build out its decentralized AI verification protocol. The funding will allow Swarm Network to advance decentralized AI verification, ensuring that projects can be verified in a secure and decentralized manner.
Who Participated in the Funding Round?
Swarm Network is a decentralized protocol that enables users to build, manage, and scale AI agent clusters and swarms without the need for code. This protocol transforms information into verifiable, onchain claims. Thus, eliminating misinformation and establishing trust in a decentralized manner.
In a press release shared with Cryptowisser, Swarm Network revealed that it raised a total of $13M to build out its decentralized AI verification protocol. The team secured $10 million through a public Agent License Sale on Sui’s network.
In addition to that, Swarm Network also raised $3 million from investors including Sui, Ghaf Capital, Brinc, Y2Z, and Zerostage. This funding round is an interesting one as Swarm Network revealed that the investments from Sui, Ghaf, and Brinc were secured through Swarm’s participation in the inaugural cohort of SuiHub’s Dubai-based global accelerator.
Swarm Network was chosen from a stream of over 630 applicants from 152 countries and 2,452 cities.
Swarm’s Agent License Sale to the Rescue
The $10 million was raised leveraging Swarm’s public Agent License Sale. Swarm Network explained that the Agent Licenses are the backbone of its AI Agent Layer. Issued on the Sui Network, Agent Licenses facilitate a globally distributed verification ecosystem.
Each license on the network forms an operational key that generates daily rewards for operators who help maintain the integrity of the network. Swarm revealed that it has sold over 10,000 licenses so far, with increased adoption expected as the network matures. This latest development comes after Swarm Network’s Agent License Sale went live in January.
The team will soon release the Agent BUIDL feature, which would allow license holders to customize and train their AI agents. By doing so, license holders can enhance the performance of their AI agents and optimize them to conduct specific verification tasks.
License holders within the Swarn Network play a crucial role in building and sustaining a decentralized verification economy. An example of this is Rollup News, powered by Swarm Network. Every agent in the Truth Swarm plays a role, from collecting information to verifying claims; they power Rollup News.
What Next for Swarm Network?
The $13 million raised is just the beginning for Swarm Network. The team is actively working with Sui after it was recently chosen ahead of 600 other teams as one of six startups to participate in the first cohort of the SuiHub accelerator.
Swarm was selected as VCs, developers, and users were drawn to its decentralized protocol that transforms raw off-chain data into verifiable onchain information. As mentioned earlier, a real-world application of its protocol is Rollup News, a universal AI solution for fact-checking, which has attracted over 128,000 users who have verified more than 3 million posts to date.
Commenting on Swarm, Sui Co-Founder Kostas Chalkias stated that,
“We need some strong teams in the AI spectrum. Swarm’s whole presentation is appealing, they’re in this space of successful startups.”
Swarm added that it will soon add new features to Rollup News and launch its agentic layer powered by over 10,000 license holders. This unique approach will ensure that each Agent License operator is incentivized to collaborate for the collective good of the ecosystem.
