The Fed's rate cut is imminent, and some people are betting on a recession, so the stock market's direction is uncertain. However, opportunities always emerge from differences, just look at NVIDIA, which has recently started to rise again.

AI is one of the core concepts in this round of the stock market (others include defense industry, such as PLTR), and AI has also been performing well in the coin circle.

Vana announced a total financing of $25 million, using AI owned by users to break through data barriers. Vana first raised $18 million from institutions such as Paradigm, and then raised another $5 million, with Coinbase Ventures as the lead investor, obtaining a total of $25 million in funds. In this market, it shows that VCs are very optimistic.

Its core content is to establish property rights for private user data, provide power for the future of AI, and aggregate data through data DAO for native support and rewards for the first 16 data liquidity pools. Vana is the first network designed for data owned by private users. It consists of a layer-1 blockchain compatible with EVM, designed specifically for collective ownership of private digital assets.

The testNet is already available.

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