LAKE, the Water Resources RWA Ecosystem Project, announced that it has completed a $12.40 million financing round, with participation from Artaize Invest, EMB Venture Capital, Michel Audeban-Business Angel, and the MSM family office, including $3 million raised from a private equity round earlier this year. The new funds are intended to drive it to build an innovative Web3 ecosystem, promote equitable and decentralized access to water globally, and explore the launch of LAK3 tokens.