TechFlow news, on May 18, according to PR Newswire, crypto startup KaJ Labs raised $400 million through the sale of LITHO Tokens, marking the second-largest seed funding round globally so far in 2022. The financing round was backed by investors including Global Emerging Markets (GEM) Digital, Four Digital, and a group of individual investors. GEM Digital is a Bahamas-based alternative investment group managing $5 billion.
Lithosphere, the blockchain platform under KaJ Labs, is the first blockchain that leverages embedded deep neural networks to make smart contracts intelligent, while supporting cross-chain network operations. This interoperability enables multiple value transfer methods under a single governance structure, thereby eliminating many inherent issues present in existing blockchain networks.
