Golden Finance reported that the water resources RWA ecological project LAKE announced that it has completed US$12.4 million in financing, with participation from Artaize Invest, EMB Venture Capital, Michel Audeban-Business Angel and MSM Family Office, including US$3 million raised from a private round of financing earlier this year. The new funds are intended to be used to promote its construction of an innovative Web3 ecosystem, promote fair and decentralized access to water resources worldwide, and explore the launch of the LAK3 token.