Computing Power Trading Market Ornn Completes $33 Million Seed Round Led by a16z Crypto

CoinFeed June 25 news, according to Bloomberg, computing power trading market Ornn announced the completion of a $33 million seed round led by a16z Crypto, with participation from Galaxy Ventures, Nordstar and SV Angel, and follow-on investments from Vine Ventures, Crucible Capital, Link Ventures and Box Group. Ornn was founded in 2025 by two MIT graduates, aiming to create a computing power trading market. The company has previously developed an index tracking GPU computing costs.