According to Odaily, blockchain startup Gudchain has successfully raised $5 million in a funding round. The investment was led by Mechanism Capital, with significant contributions from Morningstar Ventures, Manifold, and SkyVision Capital.
The funding will be used to further develop and expand Gudchain's blockchain technology and services. The company has not yet disclosed specific plans for the use of the funds.
The investment by Mechanism Capital, Morningstar Ventures, Manifold, and SkyVision Capital demonstrates their confidence in Gudchain's potential and the future of blockchain technology. This funding round marks a significant milestone for Gudchain as it continues to innovate and grow in the blockchain industry.