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The AI+Web3 recruiting platform TradeTalent has secured $8 million in funding, with the leading investment from the US-listed company Allied Gaming & Entertainment and Hicop.

2 days ago

On October 19th, the AI+Web3 recruitment platform TradeTalent announced the completion of an $8 million funding round. This round was led by Nasdaq-listed company Allied Gaming & Entertainment (NASDAQ: AGAE) and tech engineering company Hicop (Hicop Engineering Pte. Ltd.). The funds obtained from this round will be utilized to quicken the iteration of its AI skill verification technology, expand its global enterprise and talent network, and further integrate and enhance the Web3 trust infrastructure of its platform. TradeTalent is dedicated to establishing a global trustworthy skill network that connects Web2 and Web3. By means of in-house AI recruitment protocols and smart contracts, it offers on-chain AI interview and skill certification services. The system has the ability to generate immutable on-chain skill assessment NFTs for job seekers. Its aim is to address the pain points in traditional recruitment processes such as resume fraud, high background check costs, and privacy leaks, achieving decentralized trustworthy validation of talent skills. One of the lead investors, Allied Gaming & Entertainment, is a global entertainment and esports company. It has recently been actively carrying out its Web3 strategy through initiatives like investing in Bitcoin and Ethereum, with a specific focus on the tokenization of real-world assets (RWA). This investment is regarded as another significant step in its expansion into the Web3 infrastructure space. The other lead investor, Hicop, is a tech company that focuses on energy and engineering solutions.
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