Ape Terminal invests in NULS with a $3.4 million acquisition and funding for AI transformation

ChainCatcher news, Ape Terminal has officially completed the acquisition of NULS and committed to investing $3.4 million to advance the development of NULS AI, aiming to create a cutting-edge AI ecosystem. This financing marks a significant shift in NULS's strategic direction, focusing on supporting the development of artificial intelligence (AI) applications within the blockchain ecosystem. This will lay the foundation for future development by promoting AI innovation on the NULS chain through funding support, strategic consulting, and infrastructure.

NULS is a blockchain infrastructure platform headquartered in Singapore, providing cross-chain consensus, multi-chain mechanisms, and smart contract support. With its capabilities in parallel chain architecture and the out-of-the-box solution ChainBox, it has achieved cross-chain interoperability with over 40 mainstream blockchains; it is also one of the earliest public chain networks to support multiple assets like BTC/ETH as gas fees, boasting incredible efficiency in transaction processing and scalability, which allows NULS to easily adapt to developments in the AI field.