DePIN network developer Verida completed a $5 million seed round of financing, with a post-money valuation of $50 million. O-DE Capital Partners, ChaiTech Ventures, Simurg Labs, Gate Labs, HASH CIB, Bison Capital, Amesten Capital and Evan Cheng of Mysten Labs participated. The new funds will be used to develop Verida's personal data storage infrastructure, providing decentralized storage and encryption services for users' personal information.