RWA Project

Zuoan Xinhui launched the Malu Grape RWA project and completed a 10 million yuan equity financing

ChainCatcher news, according to Securities Daily, Left Bank Xinhui (Shanghai) Data Technology Co., Ltd. has launched the first RWA project in the agricultural sector, "Maluxiang RWA," while completing a 10 million yuan equity financing. This project is jointly promoted by the Shanghai Data Exchange and the Malu Town Economic Development Service Center, among others, aiming to explore innovative applications of data elements.As the project operator, Left Bank Xinhui integrates agricultural products and their production data into project assets based on the SwiftLink management platform. Maluxiang, as a representative agricultural product brand in Shanghai, has a development history of over 40 years. This financing will be used for the construction of smart agricultural infrastructure, development of agricultural product traceability systems, and optimization of supply chain management.The Shanghai Data Exchange stated that it will promote more enterprises to carry out innovative applications of data elements around scenarios such as smart agriculture, smart parks, and new energy infrastructure. This project is an important practice for developing new productive forces based on data elements in the agricultural sector, which is expected to enhance the competitiveness of characteristic industries and provide new momentum for agricultural modernization.

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).
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