Blockchain asset risk management platform Lockchain.ai completes $5 million Series A funding round

According to official sources, blockchain asset risk management platform Lockchain.ai announced the completion of a $5 million Series A funding round, led by White Star Capital, with participation from Lerer Hippeau, Arrington Capital, and Sonic Boom Ventures. Lockchain.ai plans to use new funding to enhance its major event detection capabilities to obtain more sensitive 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. It is reported that Lockchain.ai is a blockchain asset risk management platform that utilizes generative AI for real-time portfolio risk analysis and monitoring.