Blockchain incubating and consulting firm 071 Labs has made a strategic investment in the decentralized verification service (DVS) network project Pell Network. The specific investment amount was not disclosed. Pell Network offers a range of solutions, including an omnichannel re-staking network, a dApp security construction cost reduction solution utilizing Bitcoin and liquidity staking derivatives (LSDs), and a security solution that generates revenue opportunities for Bitcoin holders. This investment aligns with 071 Labs' mission to support innovative blockchain projects with strong potential. Pell Network's focus on DVS and its suite of solutions position it as a promising player in the blockchain industry.

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