BL Research Limited announced that it has entered into Advanced Subscription Agreement for gross proceeds of $1.5 million on August 17, 2023. The transaction included participation from new investor tokentus investment AG for $0.15 million, CMT Digital Holdings LLC, DCG Expeditions, DeFi Alliance, LLC, Skyland Ventures Co., Ltd., a variety of strategic angel investors including the CEO of Kiln and the CEO of Rated.Network and other investors. The company will issue equity shares in the transaction.