The AI+RWA project Compute Labs has completed a $3 million Pre-Seed round of financing, led by Protocol Labs

ChainCatcher news, according to The Block, the AI+RWA project Compute Labs announced the completion of a $3 million Pre-Seed funding round, led by Protocol Labs, with participation from Blockchain Coinvestors, MH Ventures, OKX Ventures, HashKey Capital, CMS, P2 Ventures, ArkStream Capital, Symbolic Capital, Ambush Capital, Amber Group, Oak Grove Ventures, Polygon co-founder Sandeep Nailwal, NEAR Protocol co-founder Illia Polosukhin, and Solana Foundation strategic lead Austin Federa.

Compute Labs will use this funding to expand its core team and advance the development of the AI computing tokenization protocol Compute Tokenization Protocol (CTP) and the first round of H100 GNFT pre-sales in mid-July. It is reported that Compute Labs is incubated by the NVIDIA Inception VC Alliance, providing investors with AI computing returns through the development of the enterprise-level AI computing tokenization protocol CTP and GPU Restaking solutions. The AI computing tokenization protocol CTP is now live on the Solana testnet, with the mainnet expected to launch in Q3, and the TGE to be completed by the end of the year.

According to the Web3 asset data platform RootData, Compute Labs is a computing tokenization protocol designed to finance AI, achieve direct exposure to computing assets, and create computing derivatives, enabling investors to easily profit from computing (the currency of the future).