According to BlockBeats, Metabit Network has announced the successful completion of a new round of strategic financing, raising $10 million. The funds will be used to drive innovation and development in the blockchain technology sector.

Metabit is a blockchain platform based on a hybrid consensus mechanism known as PoAS, which allows different nodes to perform various roles, including physical network operations, verification, packaging, settlement, storage, and bandwidth. In its Metabit v2.0 phase, the platform is transitioning to an AI-based multidimensional intelligent architecture, connecting with the rapidly evolving AI ecosystem. This aims to provide high-performance infrastructure for large-scale commercial applications, fundamentally transforming the Web3 ecosystem.

The Metabit Network team stated, "This strategic financing provides strong support for our ongoing innovation, enabling us to achieve technological breakthroughs and market expansion more quickly. We remain committed to offering exceptional blockchain services to our users and advancing the entire industry."