PANews reported on October 15th that decentralized exchange ANT.FUN officially announced the completion of a multi-million dollar Series B1 funding round led by mimStream Investment. The B1 round also attracted investment from several leading domestic securities firms and funds, as well as the personal overseas investment platforms of executives from top international investment banks.

MimStream Investment is a US dollar-denominated VC focused on artificial intelligence (AI) and Web3. Its portfolio includes Himalaya, Fanshu Media (formerly Fan Deng Reading), livestreaming platforms Li Jiaqi and MeiOne. Following the investment, MimStream Investment will help ANT gain broader social media traffic and establish an effective system from traffic generation to conversion. ANT's short video and livestreaming features will also be launched soon.