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EWA Track Luluchain completes a $5 million institutional round of financing with a valuation of $50 million, led by DG Capital
BlockBeats news, on November 19th, Luluchain, a project dedicated to converting social scene data into quantifiable virtual assets (Emotional World Assets), announced the completion of a $5 million institutional round of financing with a valuation of $50 million. DG Capital led this round of financing, with participation from Smo Capital, LD Block, Unionblock vc, and Blockin.venture. They each have deep backgrounds and rich experience in blockchain, finance, investment, and other fields, and their cooperation with Luluchain will undoubtedly inject new momentum into the industry and usher in a new stage full of opportunities and innovation. Luluchain is a unique blockchain platform that integrates AI+Web2 social scenes+Web3 Decentralization finance. Its underlying technology is developed based on Comsos Sdk.