Akave completes US$3.45 million in financing, with participation from Protocol Labs and others

According to BlockBeats news, on November 11, according to Akave official news, the decentralized data storage project Akave successfully completed US$3.45 million in financing. This round of financing was participated by Protocol Labs, Blockchange VC, Lightshift and Blockchain Builders Fund. This financing will be used to accelerate Akave’s on-chain data management.

It is reported that Akave is a Layer 2 solution launched by Filecoin. It has launched the Yucca test network and is open to early testers to explore on-chain data storage and programmability. Akave provides tools for enterprises, AI companies and DePIN developers to help It goes beyond traditional cloud storage, builds an on-chain data lake, and promotes the development of data ownership and new data monetization models.

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