New York — August 25, 2025 — MAGNE.AI, a global pioneer in the convergence of artificial intelligence and Web3 hardware, today announced the successful completion of its 10 million USD strategic funding round. This funding was supported by four leading global venture capital firms committed to advancing blockchain adoption, digital infrastructure, and next-generation consumer technologies: Castrum Capital, DuckDAO, TB Ventures, and Becker Ventures.

This round validates MAGNE.AI's mission to create the first smartphone designed as a native Web3 infrastructure layer, seamlessly integrating AI-driven intelligence, decentralized identity, and blockchain-based security.

The New Era of Decentralized Mobile Computing

Smartphones have become the primary access point for digital services worldwide, with over 1.2 billion units shipped annually. However, despite their ubiquity, they remain largely disconnected from blockchain infrastructure. Current Web3 access methods rely on desktop wallets, browser extensions, or custodial services—tools that introduce friction, limit adoption, and expose users to risks.

MAGNE.AI addresses this gap by embedding Web3 functionality directly into mobile hardware. Its devices integrate:

• Dual-chain blockchain architecture (L1+L2) 
• Artificial Intelligence-enhanced security chip 
• Decentralized identity protocol

This approach makes the smartphone itself a gateway to the decentralized ecosystem, representing a paradigm shift: MAGNE.AI does not adapt Web3 to existing devices, but rather builds hardware specifically designed for Web3.

Use of Funds

The raised 10 million USD will accelerate MAGNE.AI's growth in three key areas:

Dual-chain R&D

• Mass development of MAGNE.AI's proprietary L1+L2 blockchain, optimizing mobile-native performance.
• Supporting decentralized transactions and applications in DeFi, RWA, and gaming sectors.

AI + Blockchain Security Chip Production

• Transitioning MAGNE.AI's dedicated security chip from prototype to mass production.
• Enhancing device security through biometric verification, cryptographic signing, and on-device AI inference.

Global Expansion

• Expanding MAGNE.AI's business in Asia, North America, and Europe.
• Establishing partnerships with Web3 ecosystems, exchanges, and infrastructure providers to accelerate adoption.

Challenges Addressed

Although blockchain is growing, most digital activity still occurs through centralized infrastructure. Without hardware-native integration, Web3 adoption remains limited. MAGNE.AI addresses three key challenges:

• Security — Current wallet systems leave millions vulnerable to hacking and phishing attacks. MAGNE.AI's security chip and offline recovery solutions reduce these risks.
• Accessibility — Onboarding to Web3 is often complex. MAGNE.AI integrates wallets, identity, and blockchain support directly into the smartphone experience.
• Performance — Many decentralized applications suffer from latency issues. MAGNE.AI's dual-chain system is optimized for low-latency, mobile-first performance.

The result is a user-friendly and powerful enough to serve as a Web3-native foundational layer smartphone.

Security Architecture

MAGNE.AI's smartphones introduce the industry's only Triple Root of Trust Security Framework, combining:

• Trusted Execution Environment (TEE) certified at EAL2 
• Secure Element (SE) certified at EAL6 
• NFC Security Module certified at EAL6

This unique configuration allows MAGNE.AI devices to not only protect keys and transactions within the phone, but also back up mnemonics and private keys to certified NFC cards. Unlike typical hardware wallet systems, this provides a secure and portable recovery mechanism without relying on centralized cloud services.

This design merges the hardware wallet chip and NFC controller into a dedicated secure channel. This ensures the integrity of the wallet backup process when transferring to the NFC card. All operations are executed within a black-box secure environment, providing an additional layer of protection against external threats.

Through this architecture, MAGNE.AI sets a new benchmark for hardware-native digital asset protection on mobile devices.

Market Opportunity

The convergence of AI, blockchain, and mobile creates a unique market window:

• Smartphone Adoption — Over 5 billion active smartphone users globally make mobile the dominant platform for digital interaction.
• AI Hardware Growth — The AI chip market is expected to exceed $80 billion by 2030, driving demand for on-device inference.
• Web3 Expansion — By 2025, global blockchain wallet users have exceeded 400 million, but less than 20% are mobile-native users.

By positioning itself at the intersection of these trends, MAGNE.AI is unlocking a multi-billion-dollar opportunity for decentralized mobile computing.

roadmap

With the funding secured, MAGNE.AI will execute a focused roadmap:

• Testnet Launch — Launching its L1+L2 blockchain to developers and early users.
• Mainnet Launch — Fully deploying cross-chain bridges and SDKs for ecosystem integration.
• Device Launch — Launching the MAGNE.AI smartphone embedded with a security chip and dual-chain connectivity.
• Ecosystem Growth — Establishing partnerships with DePIN, RWA, and DeFi platforms.
• Community Expansion — Strengthening engagement through developer incentives and mobile-native features.

About MAGNE.AI

MAGNE.AI is an AI + Web3-native hardware project pioneering the next generation of decentralized smartphones. By integrating a dual-chain (L1+L2) blockchain architecture, AI-optimized security chips, and a full-stack mobile-first design, MAGNE.AI offers seamless access to decentralized finance, real-world assets, DePIN, social applications, and AI-driven services. With support from leading investors and global partners, MAGNE.AI is leading the new era of decentralized smart devices.

About Castrum Capital

Castrum Capital is a full-stack venture capital firm inspired by Roman ethos. Its mission is to invest in, guide, and energize startups related to cryptocurrency.

About DuckDAO

DuckDAO is a decentralized venture capital collective offering early-stage Web3 investment opportunities. The organization is known for its community-driven model, helping retail participants engage in promising blockchain projects at an early stage. Through its unique structure, DuckDAO has supported multiple startups in the Web3 ecosystem.

About TB Ventures

TBV (TB Ventures) is a venture capital fund focused on leading financing rounds for early-stage Web2.5 and Web3 companies in Southeast Asia and North America. It is supported by TBE (The Events Vertical) and TBA (The Advisory Vertical), creating a service network based on an active community.

About Becker Ventures

Becker Ventures is a global Web3 investment fund and accelerator with headquarters in Sydney, Australia, and offices in Hong Kong, Singapore, and Dubai. The company currently manages multiple funds, including venture capital funds, actively managed secondary funds, multi-strategy FoF funds, and private market secondary funds. Its accelerator division has successfully supported various programs focused on discovering, incubating, and empowering disruptive Web3 startups.