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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.

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The total number of financings last week was 18, with a total amount of approximately US$253.75 million and an average financing amount of US$14.0972 million.
The total number of financings last week was 20, with a total amount of approximately US$167.45 million and an average financing amount of US$8.3725 million.
The total number of financings last week was 26, which was less than before, with a total amount of approximately US$157.7 million and an average financing amount of US$6.0654 million.
The total number of financings last week was 28, an increase from the previous period, with a total amount of approximately US$127.66 million and an average financing amount of US$45.5929 million.
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