The post Vigil Labs AI Raises $5.7 Million To Build Bionic Traders appeared on BitcoinEthereumNews.com. Vigil’s founder and CEO, Kole Lee, dropped out of Stanford to start what may become the world’s largest hedge fund, powered by real time data from proprietary sources, and a reasoning system specifically trained to advise and augment human traders. His first customer is himself. Lee is literally betting his fortune on his startup. Calder White, CTO (left), Kole Lee, CEO (center) and Daniel Nunes (right) in the Vigil Palo Alto office Vigil Lee is a former teenage magician who once performed for Silicon Valley luminaries, he traces his interest in computing back to his grandmother, one of UCLA’s first Fortran programmers. In high school, he started building his personal wealth by trading equities, but soon gravitated toward crypto. He interned at Pantera Capital, led Stanford’s Blockchain Club, and turned a small personal crypto stake into a fortune. “I’ve always believed that markets reward intelligence and adaptability,” he said. “AI is the purest way to scale those qualities.” In 2024, Lee made headlines when he persuaded the student-run Blyth Fund to allocate seven percent of its portfolio to Bitcoin. At the time, Bitcoin was trading at roughly $42,000. The move drew national attention and over a million views across social platforms. “It was a lesson in conviction and timing,” Lee told me. “Markets are intelligence games. The edge comes from who can see the signals first and act with confidence.” Getty creative loves the idea of a superhero trading equities and crypto. getty The key to the system is where Vigil gets its data. It supplements traditional sources that everyone uses with a proprietary combination of data gleaned from diverse sources, like social media, Reddit, and predictive markets, the sum of which, Lee admitted, is their own “black box.” Instead of training an LLM, the company is building infrastructure to… The post Vigil Labs AI Raises $5.7 Million To Build Bionic Traders appeared on BitcoinEthereumNews.com. Vigil’s founder and CEO, Kole Lee, dropped out of Stanford to start what may become the world’s largest hedge fund, powered by real time data from proprietary sources, and a reasoning system specifically trained to advise and augment human traders. His first customer is himself. Lee is literally betting his fortune on his startup. Calder White, CTO (left), Kole Lee, CEO (center) and Daniel Nunes (right) in the Vigil Palo Alto office Vigil Lee is a former teenage magician who once performed for Silicon Valley luminaries, he traces his interest in computing back to his grandmother, one of UCLA’s first Fortran programmers. In high school, he started building his personal wealth by trading equities, but soon gravitated toward crypto. He interned at Pantera Capital, led Stanford’s Blockchain Club, and turned a small personal crypto stake into a fortune. “I’ve always believed that markets reward intelligence and adaptability,” he said. “AI is the purest way to scale those qualities.” In 2024, Lee made headlines when he persuaded the student-run Blyth Fund to allocate seven percent of its portfolio to Bitcoin. At the time, Bitcoin was trading at roughly $42,000. The move drew national attention and over a million views across social platforms. “It was a lesson in conviction and timing,” Lee told me. “Markets are intelligence games. The edge comes from who can see the signals first and act with confidence.” Getty creative loves the idea of a superhero trading equities and crypto. getty The key to the system is where Vigil gets its data. It supplements traditional sources that everyone uses with a proprietary combination of data gleaned from diverse sources, like social media, Reddit, and predictive markets, the sum of which, Lee admitted, is their own “black box.” Instead of training an LLM, the company is building infrastructure to…

Vigil Labs AI Raises $5.7 Million To Build Bionic Traders

4 min read

Vigil’s founder and CEO, Kole Lee, dropped out of Stanford to start what may become the world’s largest hedge fund, powered by real time data from proprietary sources, and a reasoning system specifically trained to advise and augment human traders. His first customer is himself. Lee is literally betting his fortune on his startup.

IMG_5641

Calder White, CTO (left), Kole Lee, CEO (center) and Daniel Nunes (right) in the Vigil Palo Alto office

Vigil

Lee is a former teenage magician who once performed for Silicon Valley luminaries, he traces his interest in computing back to his grandmother, one of UCLA’s first Fortran programmers. In high school, he started building his personal wealth by trading equities, but soon gravitated toward crypto. He interned at Pantera Capital, led Stanford’s Blockchain Club, and turned a small personal crypto stake into a fortune. “I’ve always believed that markets reward intelligence and adaptability,” he said. “AI is the purest way to scale those qualities.”

In 2024, Lee made headlines when he persuaded the student-run Blyth Fund to allocate seven percent of its portfolio to Bitcoin. At the time, Bitcoin was trading at roughly $42,000. The move drew national attention and over a million views across social platforms. “It was a lesson in conviction and timing,” Lee told me. “Markets are intelligence games. The edge comes from who can see the signals first and act with confidence.”

Getty creative loves the idea of a superhero trading equities and crypto.

getty

The key to the system is where Vigil gets its data. It supplements traditional sources that everyone uses with a proprietary combination of data gleaned from diverse sources, like social media, Reddit, and predictive markets, the sum of which, Lee admitted, is their own “black box.” Instead of training an LLM, the company is building infrastructure to harness existing AI advances but with a specialized reasoning system for trading. “The result” said Lee in an interview yesterday, “is continuous, superhuman coverage of global markets, surfacing opportunities no single analyst could monitor.”

Comparison with Wall Street’s famous “black box” systems is inevitable. Firms like Renaissance Technologies and Citadel have long cultivated reputations for secretive algorithmic models that churn through massive datasets to identify patterns and generate trades. Vigil sits in the same competitive frame, but its founder argues the approach is fundamentally different. Their reasoning system is built to focus and advise traders, making them “bionic,” able to spot, and measure opportunity and risk.

Vigil founder Kole Lee was inducted into the Magic Castle’s exclusive club for professional magicians when he was 13.

getty

The company’s longer-term vision is to build a “prediction engine” that learns directly from financial markets, which serves as the reward system. Every tick of data is a feedback loop, teaching the AI how to adapt and improve. If successful, Vigil would blur the line between algorithmic trading and applied machine reasoning.

“Applying AI to solve the markets is among the largest opportunities in the intelligence era,” said Koko Xs, Cofounder at Nova. “Every generational technology company has a core cash engine that fuels compounding innovations, and a new generation of missionary hedge funds like DeepSeek are emerging as the dominant tech players. We hold deep conviction in Kole’s magical ability to shape markets and the future.”

The small founding team of four blends computer science and trading backgrounds. Chief Product Officer Daniel Nunes worked at the intersection of crypto and analytics. Newly appointed Chief Technology Officer Calder White has a diverse background in programming, system-level engineering, and real-world trading. By 20, he had helped scale Tensor, the leading NFT exchange on Solana, to process over $3B in annual volume.

Lee is hoping the system will work so well that he won’t have to take another dime from investors, and instead will self-fund. “It comes down to who adapts fastest,” Lee said. “by changing the timing and quality of information traders get, AI will turn the smartest human traders into super traders ”

Nova led the seed round, with participation from Lux Capital, Pantera Capital, SV Angel, Soma Capital, Valor Equity Partners, Jack Altman, Kevin Hartz, Cyan Banister, Micky Malka, and several prominent AI researchers.

Source: https://www.forbes.com/sites/charliefink/2025/08/20/vigil-labs-ai-raises-57-million-to-build-bionic-traders/

Market Opportunity
Whiterock Logo
Whiterock Price(WHITE)
$0.0001105
$0.0001105$0.0001105
-0.71%
USD
Whiterock (WHITE) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Tags:

You May Also Like

Gold Hits $3,700 as Sprott’s Wong Says Dollar’s Store-of-Value Crown May Slip

Gold Hits $3,700 as Sprott’s Wong Says Dollar’s Store-of-Value Crown May Slip

The post Gold Hits $3,700 as Sprott’s Wong Says Dollar’s Store-of-Value Crown May Slip appeared on BitcoinEthereumNews.com. Gold is strutting its way into record territory, smashing through $3,700 an ounce Wednesday morning, as Sprott Asset Management strategist Paul Wong says the yellow metal may finally snatch the dollar’s most coveted role: store of value. Wong Warns: Fiscal Dominance Puts U.S. Dollar on Notice, Gold on Top Gold prices eased slightly to $3,678.9 […] Source: https://news.bitcoin.com/gold-hits-3700-as-sprotts-wong-says-dollars-store-of-value-crown-may-slip/
Share
BitcoinEthereumNews2025/09/18 00:33
Verimatrix: Sale of Extended Threat Defense Assets (Mobile Application Protection) to Guardsquare

Verimatrix: Sale of Extended Threat Defense Assets (Mobile Application Protection) to Guardsquare

Completion of the sale of XTD assets (code and mobile application protection), including a portfolio of patents and a team of experts. The Group is refocusing on
Share
AI Journal2026/02/06 00:49
UK crypto holders brace for FCA’s expanded regulatory reach

UK crypto holders brace for FCA’s expanded regulatory reach

The post UK crypto holders brace for FCA’s expanded regulatory reach appeared on BitcoinEthereumNews.com. British crypto holders may soon face a very different landscape as the Financial Conduct Authority (FCA) moves to expand its regulatory reach in the industry. A new consultation paper outlines how the watchdog intends to apply its rulebook to crypto firms, shaping everything from asset safeguarding to trading platform operation. According to the financial regulator, these proposals would translate into clearer protections for retail investors and stricter oversight of crypto firms. UK FCA plans Until now, UK crypto users mostly encountered the FCA through rules on promotions and anti-money laundering checks. The consultation paper goes much further. It proposes direct oversight of stablecoin issuers, custodians, and crypto-asset trading platforms (CATPs). For investors, that means the wallets, exchanges, and coins they rely on could soon be subject to the same governance and resilience standards as traditional financial institutions. The regulator has also clarified that firms need official authorization before serving customers. This condition should, in theory, reduce the risk of sudden platform failures or unclear accountability. David Geale, the FCA’s executive director of payments and digital finance, said the proposals are designed to strike a balance between innovation and protection. He explained: “We want to develop a sustainable and competitive crypto sector – balancing innovation, market integrity and trust.” Geale noted that while the rules will not eliminate investment risks, they will create consistent standards, helping consumers understand what to expect from registered firms. Why does this matter for crypto holders? The UK regulatory framework shift would provide safer custody of assets, better disclosure of risks, and clearer recourse if something goes wrong. However, the regulator was also frank in its submission, arguing that no rulebook can eliminate the volatility or inherent risks of holding digital assets. Instead, the focus is on ensuring that when consumers choose to invest, they do…
Share
BitcoinEthereumNews2025/09/17 23:52