PANews reported on June 5 that according to official news, the DeFAI project HeyElsaAI announced the completion of US$3 million in financing, led by M31 Capital, with participation from Coinbase Ventures' Base Ecosystem Fund, MH_Ventures, AbsolutaDigital, 2sharesfund, levitate_labs and others.

According to reports, the core of HeyElsa is a proprietary natural language interface built on open source LLMs such as DeepSeek, LLaMA and Mistral. These models will be continuously improved using real-time blockchain, market and sentiment data, as well as user feedback from the application itself.