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Solana-based GPU tokenization protocol Compute Labs completes $3 million financing

Compute Labs, a Solana-based GPU tokenization protocol, closed a $3 million seed round at a $30 million valuation, led by Protocol Labs, the developer behind Filecoin, with participation from Blockchain Coinvestors, OKX Ventures, CMS Holdings, HashKey Capital, Amber Group and P2 Ventures (formerly Polygon Ventures). Angel investors include Sandeep Nailwal of Polygon and Austin Federa of the Solana Foundation. Compute Labs is also currently in a seed round at a "significantly higher" valuation, according to Albert Z, founder and CEO of Compute Labs.