Portal Unveils RAFA: The First Generative AI Investment App with Financial Intelligence for Both Traditional and Crypto Markets - Blockchain.News
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Portal Unveils RAFA: The First Generative AI Investment App with Financial Intelligence for Both Traditional and Crypto Markets

Business Wire   Mar 27, 2024 13:00

RAFA’s AI Agents work in tandem to generate financial intelligence that was once only accessible by Wall Street’s elite

SAN FRANCISCO--(BUSINESS WIRE)--Portal, a fintech infrastructure provider enabling financial superintelligence and self-sovereignty, today announced the launch of RAFA, an AI-powered investing copilot engineered to transform personal investment strategies for everyone. RAFA is the first intelligent investment app capable of providing generative AI-powered financial intelligence across traditional assets, such as stocks, ETFs, mutual funds and bonds, and digital assets, including cryptocurrencies and non-fungible tokens (NFTs).



“RAFA represents a milestone in financial education and empowerment by equipping users with the knowledge and tools for wealth deployment and creation across both traditional and digital asset classes,” said Chandra Duggirala, co-founder and CEO of Portal. “At Portal, we are committed to empowering our users through education to achieve financial independence. RAFA is a master financial platform at scale that opens doors for informed investing decisions across traditional and alternative emerging asset classes like crypto and web3 assets.”

Built by a team of former Nvidia AI engineers, RAFA utilizes a team of AI Agents to continuously analyze millions of data points, which are used to inform models for users' portfolios. These agents not only optimize risk and minimize drawdowns through strategic diversification but also identify investment alternatives tailored to individual styles. RAFA features a sophisticated and proprietary trend score system that captures intraday, short-term and long-term market trends to align investments with user-defined portfolio objectives.

Each proprietary model specializes in a specific function such as fundamental analysis, momentum analysis, hedging strategy, risk, macro and financial planning. RAFA’s multi-agent collaborative architecture employs a blend of quantitative models and large language models that converse in real-time, exchange ideas and synthesize new financial insights personalized to each individual user. It’s akin to having a team of experts each specializing in one area, working together continuously around the clock.

RAFA creates a personalized experience at scale that stores memories, reflections and interactions for nuanced financial insights, fostering a dynamic dialogue between users and AI Agents. Portal’s AI Agents – such as Analyst Pro, News Guru, Strategy Wiz, Quant Pro and Macro Pro – work in collaboration to provide RAFA users with unique, actionable insights. In the near future, RAFA will add AI Agent capabilities for performing tasks on a blockchain by connecting RAFA’s AI Agent capabilities to wallets and other decentralized applications (dApps) in the crypto ecosystem.

“The first AI Agents in the financial industry emerged in the 1990s and early 2000s with significant advancements in machine learning and data processing capabilities. These advancements allowed for the analysis of massive datasets to unearth market trends and identify opportunities potentially unnoticed by humans,” said Abhinav Sinha, head of AI at Portal. “The adoption of AI Agents surged in the 2010s, fueled by the explosion of big data, improved computational power and machine learning models, which enabled the development of high-frequency trading strategies, portfolio management, risk assessment and predictive analytics. However, historically, access to AI Agents in financial investing has been concentrated among large financial institutions with significant resources, expertise and technical infrastructure. We are seeking to change that with RAFA.”

The unveiling of RAFA highlights Portal’s relentless pursuit of innovation and cements its position as a leader in fintech infrastructure. RAFA’s launch follows Portal’s $34 million dollar fundraising round, the successful testnet launch of its DEX and Wallet products and the establishment of strategic partnerships with industry giants such as BRC20.com, BSquaredNetwork, Babylon and Ordiswap.

Download RAFA at the Apple App Store. RAFA is offered as a monthly subscription of $29.99/month after a free trial.

To learn more about RAFA, visit https://rafa.ai.

About Portal
Portal is a fintech infrastructure provider democratizing wealth creation and enabling financial self-sovereignty with technology for accessing traditional and crypto assets. A builder of the foundational pieces of technology required for a trustless and inclusive economy, Portal offers an advanced technological infrastructure, improved systems for coordination and easy-to-use tools previously only available to large institutions and hedge funds. Portal enables individual investors to exchange digital assets across blockchain networks with greater efficiency and speed, lower costs, increased transparency and enhanced security and privacy. A pioneer with passion and an advocate for free and unfettered markets, Portal is based in the San Francisco Bay Area and backed by Coinbase Ventures, Arrington Capital, OKX Ventures, Gate.io and many other prominent fintech/crypto investors. For more information, visit https://portaldefi.com.


Contacts

Media contact:
Michael Tebo
Gabriel Marketing Group (for Portal)
Phone: 571-835-8775
Email: michaelt@gabrielmarketing.com