HeyElsa, a DeFAI project, has successfully raised $3 million in a funding round led by M31Capital. Notable participants include Coinbase Ventures Base Ecosystem Fund, MH_Ventures, AbsolutaDigital, 2sharesfund, and levitate_labs. The investment will be directed towards developing an artificial intelligence stack aimed at transforming natural language into on-chain operations, thereby bridging the gap between SDKs, APIs, and infrastructure in the cryptocurrency sector.