Odaily Planet Daily News: DePIN network developer Verida has completed a $5 million seed round of financing, with participation from O-DE Capital Partners, ChaiTech Ventures, Simurg Labs, Gate Labs, HASH CIB, Bison Capital, Amesten Capital and Mysten Labs' Evan Cheng. The post-investment valuation is $50 million. It is reported that the new funds will be used to develop Verida's personal data storage infrastructure and provide decentralized storage and encryption services for users' personal information. (TheBlock)