MelosBoom completed a Series B financing led by LBank Labs with a valuation of $80 million and reached a strategic cooperation with WOO X Network

ChainCatcher news, MelosBoom announced a strategic investment from LBank Labs, with a post-investment valuation of 80 million USD. MelosBoom is committed to advancing the process of decentralized computing and data transmission networks, continuously demonstrating potential in the fields of DePIN and DeIOE, and expanding its ecosystem.

At the same time, MelosBoom announced a strategic partnership with the Web3 cross-chain liquidity solution WOO X Network. This collaboration will further enhance the efficiency of MelosBoom's data transmission pathways and the depth of application scenarios through WOO X's network advantages, promoting the circulation and connection of more RWA (real-world assets) and decentralized resources within the network.

WOO X has received investments from several institutions, including Binance Labs, Amber Group, Wintermute, LBank Labs, Bitmart, and IOSG Ventures.