đGood news! Compute Labs, a Solana-based GPU tokenization protocol, has just completed a $3 million Pre-Seed round of financing at a $30 million valuation! đ°The financing was led by Protocol Labs, with participation from Blockchain Coinvestors, OKX Ventures, CMS Holdings, HashKey Capital, Amber Group, and P2 Ventures (formerly Polygon Ventures). đ
Compute Labs founder and CEO Albert Z revealed that they are currently raising a seed round at a higher valuation. đThey are building a real-world asset (RWA) tokenization protocol with computing as the underlying asset. Computing here refers to the processing power of CPUs and GPUs, which is key to tasks such as data processing and running software. đ
Albert Z said that computing is one of the most valuable commodities today, especially in the era of artificial intelligence, and he called it "the currency of the future." đHe said that most ordinary investors cannot invest in enterprise-grade GPUs today, and Compute Labs will make it "possible for everyone to invest in computing." đThis is a bold idea, let's wait and see! đ
