Solana-based GPU tokenization protocol Compute Labs completes $3 million Pre-Seed round of financing, led by Protocol Labs

Compute Labs, a Solana-based GPU tokenization protocol, has completed a $3 million Pre-Seed round of financing at a valuation of $30 million, led by Protocol Labs, with participation from Blockchain Coinvestors, OKX Ventures, CMS Holdings, HashKey Capital, Amber Group, and P2 Ventures (formerly Polygon Ventures). Compute Labs founder and CEO Albert Z said that Compute Labs is also currently raising seed rounds at a significantly higher valuation. It is reported that Compute Labs is building a real-world asset (RWA) tokenization protocol based on computing as the underlying asset. Computing refers to the processing power of CPUs and GPUs, which is key to tasks such as data processing and running software. Z said that computing is one of the most valuable commodities today, especially in the era of artificial intelligence, and he called it "the currency of the future." He said that most ordinary investors cannot invest in enterprise-grade GPUs today, and Compute Labs will make it "possible for everyone to invest in computing."