Luluchain, a project aimed at turning social scene data into virtual assets called Emotional World Assets, announced on November 19th that they completed a $5 million institutional financing round at a $50 million valuation. Led by DG Capital, the investment round also included Smo Capital, LD Block, Unionblock vc, and Blockin.venture.

These investors all have experience in blockchain, finance, and investment, and their support will help Luluchain grow and create new opportunities in the industry. Luluchain’s unique platform combines AI, Web2 social scenarios, and Web3 decentralized finance, and is built on the Comsos Sdk.

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