Solana-Based Wearable Device Cudis Raises $5 Million in Funding for Mass Production

According to BlockBeats, on September 11, Coindesk reported that 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, provides gamified health challenges, and is equipped with a personalized AI coach that provides actionable insights and rewards for healthy behaviors.

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