According to Foresight News, The Block reported that Compute Labs, a GPU tokenization protocol based on Solana, completed a $3 million Pre-Seed round of financing with a valuation of $30 million. Protocol Labs led the investment, and Blockchain Coinvestors, OKX Ventures, CMS Holdings, HashKey Capital, Amber Group, P2 Ventures (formerly Polygon Ventures), Polygon's Sandeep Nailwal and Solana Foundation's Austin Federa participated in the investment.
Compute Labs is building an RWA tokenization protocol with compute (CPU and GPU processing power) as the underlying asset.
