.futureverse, a startup formed out of 11 different firms, has reportedly raised a $54 million Series A round led by 10T Holdings and with contribution from Ripple Labs. By JamieCrawleyCD.
The large funding would appear to be at odds with the broader trend in the digital asset industry where capital has been hard to come by in the bear market conditions of the last year or more.
It suggests that there remains enthusiasm from investors for projects that combine digital assets with other sectors such as AI, which has witnessed a surge in interest this year thanks to platforms like language-recognition engine ChatGPT.
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