Odaily News LAKE, a blockchain company focused on reshaping the global water economy, announced the completion of a $12.4 million financing round, with participation from Artaize Invest, EMB Venture Capital, Michel Audeban-Business Angel and MSM Family Office. Earlier this year, LAKE completed a $3 million private placement financing, expanded its staff, and opened a new operations center in Dubai. According to reports, LAKE is an RWA project whose vision is to use blockchain technology to improve the current water economy and promote fair and decentralized access to water resources around the world. (Cointelegraph)