ChainCatcher news, CoinDesk reports that the Web3 company Artifact Labs, which aims to preserve historical event records on the blockchain, has completed a $3.25 million funding round led by Blue Pool Capital, with participation from Animoca. This round of financing will be used to expand the business and hire developers. It is reported that Artifact Labs was initially incubated by the South China Morning Post. (Source link)

ChainCatcher news, the NFT platform Refinable has announced its acquisition by Artifact Labs, but the acquisition amount has not been disclosed. Artifact Labs is a multi-chain NFT ecosystem established after the South China Morning Post spun off its blockchain-based NFT business. The South China Morning Post remains a shareholder of Artifact Labs. This acquisition of Refinable will accelerate the launch of its decentralized NFT marketplace and the development of its Web3 product roadmap. (Source link)