Solana on-chain mining project Ore raises $3M to advance its ecosystem development

Ore, an on-chain mining project built on Solana, announced via its X account that it has raised $3 million in a new funding round. This round was led by Foundation Capital, with participation from Colosseum, Solana Ventures, B+J Studios, Dead King Society, Third Kind Venture Capital (3KVC) and some angel investors. The funding will be leveraged to optimize Ore's user mining experience, alongside bringing deeper liquidity in the markets for Ore and tokenized real-world assets (RWAs), according to the post.