According to the Daily Planet, WATCHES.IO, a luxury watch trading platform based on encryption technology, announced the completion of a pre-seed round of financing of US$1.9 million. This round of financing was led by Lemniscap, and Builder Capital, Soft Holdings, Darkside Capital, Big Brain Holdings, Marin Ventures and many angel investors participated in the investment. It is reported that Web3 users can buy, trade and invest in watches on the platform.