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🔥BTC/USDT

Dataline raises $10.6 million for AI data network

2026-10-21 17:08

Dataline has raised $10.6 million in seed funding to expand a decentralized data network designed for AI agents, pairing the financing with plans for a token launch and public sale on Base before the end of the year. The startup says its network is already live, connecting automated software to roughly 50 onchain and offchain data sources that agents can access and pay for as needed.

The company’s planned token sale would use Uniswap’s Continuous Clearing Auction system on Base, an auction format intended to establish a market price during the sale rather than through a fixed initial token price. Dataline said further details, including auction mechanics, are expected next week. It has not disclosed the targeted amount to be raised or the number of tokens that would be offered.

Dataline’s approach places data access at the center of the network’s token design. Rather than relying only on conventional application subscriptions, users would be able to pay for individual data requests or lock tokens to maintain access to data feeds over time. That model is built around an expected rise in AI agents that need to retrieve information independently for tasks such as trading, prediction-market analysis, portfolio monitoring, or application automation.

Seed round includes crypto and technology backers

Lattice and Samsung-backed Dispersion Capital co-led the seed financing, according to Dataline. Other participants included Symbolic Capital, Coinbase Ventures, Anagram, and Vlad Tenev, co-founder and chief executive officer of Robinhood.

The company also named backers connected to Venmo, Anchorage Digital, New Enterprise Associates, General Catalyst, Jump Capital, and FalconX, along with a former chair of the Commodity Futures Trading Commission.

The round closed in April through a simple agreement for future equity, known as a SAFE, with a token warrant attached. A SAFE gives participants the right to receive equity in a future financing event under agreed terms, while the warrant provides a potential right to receive tokens if the company issues them.

Nuo Shi, Dataline’s co-founder, said the company did not disclose its valuation. Shi also said none of the participants received a board seat, board observer position, or advisory role through the financing. That structure leaves the founding team with considerable operational control as it prepares both a commercial rollout and a token event.

Dataline was founded in 2025 after winning a BNB Chain AI hackathon. Its team is primarily based across Europe and North America, though the company has not disclosed its current headcount or hiring plans.

Network targets agent access to usable data

Dataline says developers can connect AI agents to multiple sources through a single platform, avoiding the need to build separate integrations for each blockchain, market venue, or data provider. Its initial “AI Data Launch” group includes Hyperliquid, Polymarket, Kalshi, Base, Robinhood Chain, BNB Chain, Sui, and TON.

Developers building on Base and Robinhood Chain will receive free access to the service, Dataline said. The arrangement could give the startup an early developer base on two networks associated with established consumer-finance and Ethereum ecosystem brands, while allowing Dataline to test how agents use paid data in production.

The network uses an AI-based scoring system to assess submitted data based on reliability, recency, and consistency, according to the company. The quality-control layer addresses a practical challenge for agent-focused services: automated software can act quickly on information, but a fast response is only useful if the data is accurate enough for the decision being made.

Dataline has not provided public performance data on request volumes, customer spending, or the accuracy of its scoring system. Its existing network coverage and named launch partners instead show that the company is seeking to establish distribution before introducing mandatory token staking and provider penalties.

Token would support payments and data-provider staking

The proposed token would be used for payments and access across Dataline’s network. Once the token launches, data providers would need to stake tokens when supplying information. Providers would receive both payment and their staked tokens back after a customer accepts a submission.

A rejected submission would first be reviewed by the company’s AI system, Dataline said. If the dispute requires further handling, it could proceed to a network vote. Providers whose data fails the review process would lose their stake, with those tokens reassigned as rewards to another provider.

The system is intended to give data suppliers a financial reason to prioritize accurate and timely submissions, while offering customers a way to challenge feeds they consider faulty. Its effectiveness will depend heavily on how reviews are conducted, who can participate in network votes, and how often users dispute data quality.

Dataline plans to generate revenue by taking a share of payments for data, though it has not yet begun charging fees. Its foundation also expects to earn revenue by supplying its own data to the network. That creates two potential revenue channels: platform fees from third-party providers and direct income from proprietary feeds.

Shi said the new funding will be used to add data sources, strengthen verification tools, and expand into robotics and AI training data. Those areas would take Dataline beyond crypto-native feeds and into datasets that may have different licensing, validation, and delivery requirements.

Auction details will shape access to the token sale

The use of Uniswap’s Continuous Clearing Auction system makes the unreleased sale terms particularly relevant. The mechanism is designed to collect bids over a set period and determine a clearing price based on demand, rather than rewarding the earliest buyers in a conventional first-come, first-served sale.

Whether that produces broad distribution will depend on the final rules Dataline publishes, including eligibility requirements, bidding limits, vesting terms, token allocation, and the treatment of unsuccessful bids. The company has yet to release those details.

For Dataline, the sale will test whether a network built around paid AI data access can attract users before its token economy becomes fully active. The seed financing gives the company capital to build out supply and verification, while the Base sale is expected to establish the token needed for payments, access commitments, and provider staking.


Explore prediction markets and on-chain data trends in 2026 with our deep dive: read more.

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