Decentralized protocol Swarm Network completes $13 million in financing

Decentralized protocol Swarm Network announced the completion of a $13 million funding round to accelerate the development of its decentralized AI verification protocol. This round was funded in part by a $10 million public sale of proxy licenses on the Sui network, with an additional $3 million in strategic capital from investors including Sui, Ghaf Capital, Brinc, Y2Z, and Zerostage.