The decentralized cloud computing platform Swan Chain has completed a new round of financing worth millions of dollars, led by the OP Foundation

ChainCatcher news, the decentralized cloud computing platform Swan Chain recently announced the completion of a new round of financing worth millions of dollars, led by the Optimism Foundation with an investment of $850,000, while early investors such as Waterdrip Capital continued to increase their investments.

Swan Chain is an AI DePIN infrastructure project built on the OP Stack, pioneering the integration of Web3 and AI by providing comprehensive solutions covering storage, computing, bandwidth, and payment. Previous rounds of investors include Binance Labs, SNZ, Chain kink, Protocol Labs, and others.

It is reported that the Swan Chain mainnet was launched in early July, currently boasting over 150 ecosystem partners and more than 100 AI applications. The project team plans to launch the SWAN token in the second half of this year to further enhance the ecosystem and incentive mechanisms.