Solana on-chain mining project Ore announces the establishment of Regolith Labs and completes $3 million seed round of financing

Odaily News Solana on-chain mining project Ore announced on X that it has established Regolith Labs and completed a $3 million seed round of financing, led by Foundation Capital, with participation from Colosseum, Solana Ventures, B+J Studios, Dead King Society and 3KVC. Regolith Labs aims to accelerate the development of the ORE ecosystem and introduce millions of new users to the cryptocurrency space through new proof-of-work mining primitives and liquidity networks on Solana.