L1 Network Quai Network integrates with Akash Network

Odaily Planet Daily L1 network Quai Network announced integration with Akash Network, a project focusing on Decentralization cloud computing. This integration combines Quai’s multi-shard blockchain technology with Akash’s Decentralization computing infrastructure to enhance blockchain performance, improve transaction efficiency, and achieve seamless access to Decentralization resources. Earlier in August, Quai Network completed a $5 million strategic round of financing, with participation from Cogitent Ventures, MH Ventures, TPC Ventures, Giga Chad Ventures, and DexCheck Ventures. It is reported that the company’s total funding has reached $15 million after several rounds of financing, with $10 million coming from Polychain Capital, Alumni Ventures, and other companies.