Decentralized protocol Swarm Network completes $13 million financing, led by Sui, Ghaf Capital, and Brinc

ChainCatcher news, according to FinanceFeeds, the decentralized AI verification protocol Swarm Network has announced the completion of a $13 million funding round, led by Sui, Ghaf Capital, and Brinc, with participation from institutions such as Y2Z and Zerostage. Of this, $10 million comes from the public sale of proxy licenses on the Sui network, and $3 million is strategic capital. This funding round will accelerate the development of Swarm Network's decentralized AI verification protocol, particularly the expansion and upgrade of its flagship product, Rollup News.

According to the Web3 asset data platform RootData, Swarm Network is a decentralized protocol that can convert raw off-chain data into verifiable on-chain information in real-time. By integrating AI agents, human intelligence, and zero-knowledge proof technology, the protocol aims to establish a truth infrastructure for the digital age.