According to Cointelegraph, U2U Network, a modular L1 network, is officially entering the hardware market and will launch its first product, UPhone. This move marks the strategic layout of U2U Network to deeply integrate blockchain with physical infrastructure through DePIN hardware. The launch of UPhone aims to address long-standing core issues in the blockchain field, including scalability and user-friendliness. Additionally, this innovation is supported by the DePIN investment fund JDI Ventures under the blockchain hardware company JDI Global. Previously, it was reported that U2U Network completed a $13.8 million financing round with investments from KuCoin Ventures, Chain Capital, IDG Blockchain, Cointelegraph, V3V, JDI Ventures, Tesseract, IBG, Blockhive, Maxx Capital, UB Ventures, and others. The raised funds will support the continued development of U2U Network's Subnet technology.