NULS Raises $3.4M Led by Ape Terminal to Support AI-Centric Pivot
We are thrilled to announce that Ape Terminal has officially completed its acquisition of NULS and committed a $3.4 million investment to foster the development of AI innovation within NULS ecosystem, establishing a state-of-the-art AI ecosystem.
This investment signifies a pivotal strategic shift for NULS, greatly emphasizing advancing artificial AI applications within the ecosystem. By providing critical resources such as fundraising support, strategic consulting, and robust infrastructure, this funding sets the stage for groundbreaking AI innovations on the NULS blockchain.
Quote from Hassan “Hatu” Sheikh, the founder of Ape Terminal.
“We are excited to support NULS in its next growth phase. Their commitment to fostering AI innovation aligns with the market’s evolving needs.”
Quote from “Mario Blacutt”, aka Berzeck, the NULS Western Director.
“This funding round marks a milestone for NULS as we pivot toward supporting AI applications. With the backing of Ape Terminal, we are poised to unlock new opportunities in this fast-moving sector.”
This announcement reflects the growing importance of AI integration in blockchain ecosystems. By leveraging its strong development background and new financial resources, NULS aims to enhance investor confidence, attract further strategic collaborators, and solidify its role as a leader in blockchain-AI convergence.
About Ape Terminal
Ape Terminal is the industry’s leading open-access launchpad. It has enabled hundreds of startups to raise capital and turn ideas into reality by connecting them with thousands of global investors.
About NULS
NULS is a blockchain infrastructure platform headquartered in Singapore, providing cross-chain consensus, multi-chain mechanisms and smart contract support. The Parachain architecture and ChainBox capabilities provided by NULS have currently integrated cross-chain interoperability of 40+ mainstream blockchains, and are the first public chain network to support multiple assets such as BTC/ETH as gas fees. It has amazing efficiency in transaction processing and scalability. This allows NULS to easily and highly adapt to the development of the AI field.
