Swarm Network completes $13 million funding round with participation from Sui Foundation and others

Foresight News reported that the decentralized verification protocol Swarm Network has completed a $13 million funding round. Part of the funds in this round came from a $10 million proxy license public sale on the Sui network, while another $3 million in strategic capital was contributed by investors such as Sui, Ghaf Capital, Brinc, Y2Z, and Zerostage. This round of financing will accelerate the development of its decentralized AI verification protocol.