PANews reported on December 8 that the blockchain-based drone image network Spexi announced on its official website that it had completed a US$11.5 million Series A financing round, led by Blockchange Ventures, with participation from Moonshots Capital and Protocol Labs.

Spexi has currently developed a blockchain-based "Fly to Earn" network to help drone market participants use Spexi's autopilot software to capture standardized ultra-high-resolution aerial data and receive rewards. It also combines drone-captured images with the lower-cost blockchain image integrity preservation capabilities. Its business currently covers Canada, the United States, Mexico and the United Kingdom.