Blockchain company OpenLedger has completed an $8 million seed round financing, led by Polychain Capital and Borderless Capital.

ChainCatcher news, according to The Block, blockchain company OpenLedger has raised $8 million in a seed round led by Polychain Capital and Borderless Capital. Other participants include HashKey Capital, Finality Capital, Hash3, STIX, MH Ventures, Sreeram Kannan from EigenLayer, Sandeep Nailwal from Polygon, and Kenny Li from Manta.

It is reported that OpenLedger focuses on building decentralized and data-driven artificial intelligence infrastructure. The company plans to use the funds to expand its team and strengthen its data pipeline infrastructure, with the mainnet expected to launch in the next quarter. The OpenLedger team stated that as artificial intelligence becomes increasingly prevalent, the importance of data continues to grow, and they are committed to bridging the gap between data and decentralization to drive the development of higher-quality AI models.