On July 1, 2025, the Boba Governance Foundation announced a major achievement, securing a $70 million investment from Awaken Foundation and LDA Capital to enhance the Boba Network, a leading Layer-2 blockchain for AI-driven decentralized applications (dApps) utilizing HybridCompute technology. This funding will accelerate the network's growth, focusing on strengthening its infrastructure, expanding its developer community, and fostering innovative dApps, particularly those powered by AI. Alan Chiu, CEO of Enya Labs, emphasized that this investment will attract top talent and promote Boba Network as a premier solution for AI dApps. David Acutt, director of the Foundation, highlighted the transformative potential of this capital commitment. The partnership with Awaken Foundation and LDA Capital not only provides financial backing but also aligns their vision and expertise to propel Boba Network's global expansion. Additionally, the Foundation has reached an agreement with FTX Recovery Trust regarding BOBA tokens, further solidifying its position in the blockchain landscape. Read more AI-generated news on: https://app.chaingpt.org/news

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