What is RIFT AI?

Rift is a mobile trading application designed to assist users in cryptocurrency investment. The platform allows users to borrow against Bitcoin, analyze market indicators, trade perpetual contracts, and invest in automated trading strategies through a mobile interface.

Rift was incubated by Faraway and has financial backing from several venture capital firms, including a16z, Sequoia Capital, and Lightspeed Venture Partners. The specific founding year and details regarding its governance model, technical architecture, and supply cap are not provided.