According to CoinDesk, Sortium, a Web3 entertainment technology developer, has completed a $7.75 million seed round of financing, with participants including cryptocurrency hedge fund Arca and others. According to documents submitted by Sortium to the US Securities and Exchange Commission (SEC), the target amount of this round of financing is 14 million US dollars, but Sortium said that the seed round of financing will accept up to another 2 million US dollars in investment, and it is not necessary to reach the target financing amount. Sortium aims to develop games autonomously or to help partners through artificial intelligence technology.