Glider Aims too Simplify Self-Custodial Crypto Trading with AI
Crypto traders are seeking user-friendly self-custodial platforms. Glider is stepping up to meet this demand. The platform blends AI with DeFi to offer an automated trading experience while keeping users in control of their assets.
DeFi platforms often fall short in user-friendliness compared to centralized exchanges. To address this,Andreessen Horowitz led a $4 million funding round for Glider. This self-custodial DeFi platform uses AI to help users manage their crypto assets automatically.
Users can select specific coins,trending tokens,or a basket of assets based on criteria. despite the automation, users retain full custody of their funds, enhancing security. Co-founder Brian Huang explains, “We’re like traditional finance advisors, but non-custodial.”
Glider plans to launch soon, with funding from Coinbase Ventures, Uniswap Ventures, and GSR. The platform will charge a management fee based on users’ assets. AIS growing popularity in venture capital and investment advice supports Glider’s approach.
For instance, a 2023 survey found that one-third of U.S. investors are agreeable with AI-driven investment advice. this trend bodes well for Glider’s future.