PANews reported on February 28 that according to official news, the blockchain asset risk management platform Lockchain.ai announced the completion of a $5 million Series A financing round, led by White Star Capital, with participation from Lerer Hippeau, Arrington Capital and Sonic Boom Ventures. Lockchain.ai plans to use the new funds to enhance its ability to detect major events to gain more acute market intelligence, accelerate data discovery and simplify due diligence, build an automated compliance framework that meets regulatory requirements, and launch regulatory compliance automation for MiCA and others.

According to reports, Lockchain.ai is a blockchain asset risk management platform that uses generative AI for real-time portfolio risk analysis and monitoring.