According to Wu, Elmnts, a Solana-based mineral rights tokenization platform, completed a $2 million Pre-Seed round of financing, led by Graph Ventures, Foundation Capital and B+J Studios, with participation from Asymmetric, Anagram, and Solana co-founders Raj Gokal and Anatoly Yakavenko and other well-known investors.

Elmnts launched in private beta on July 4, aiming to provide users with an intermediary-free oil and gas investment platform through tokenization technology.