EWA Track Luluchain Completes $5 Million Institutional Funding Round at $50 Million Valuation, Led by DG Capital

BlockBeats News, November 19th, Luluchain, a project dedicated to transforming social scene data into quantifiable value virtual assets (Emotional World Assets), announced that it has completed a $5 million institutional funding round at a $50 million valuation. The round was led by DG Capital, with participation from Smo Capital, LD Block, Unionblock vc, and Blockin.venture.

Each of them has a deep background and rich experience in blockchain, finance, investment, and other fields. Their collaboration with Luluchain will undoubtedly inject new momentum into the industry, ushering in a new stage full of opportunities and innovation.

Luluchain is a unique blockchain platform that integrates AI+Web2 social scene+Web3 decentralized finance, with its underlying infrastructure developed based on Comsos SDK.