Cudis, a wearable device developer based on Solana, completes $5 million in financing, led by Draper Associates

BlockBeats news, on September 11, according to Coindesk, Cudis, a wearable device developer based on Solana, completed a $5 million financing round led by Draper Associates. The team said that this investment will increase the production of its ring products to 1 million, posing a challenge to existing companies such as Oura.

It is reported that the CUDIS ring uses the Solana blockchain to protect biometric data, provide gamified health challenges, and is equipped with a personalized AI coach that provides actionable insights and rewards for healthy behaviors.