A consortium of investors completed a $120m investment in OceanPal.

A consortium of investors, including Kraken, Proximity, Fabric Ventures, and G20 Group, completed a $120m investment in OceanPal, a global provider of shipping transportation services. "SovereignAI is positioned at the convergence of two massive transformations - AI and digital ownership," said Mr. Schwed. "Our strategy goes beyond treasury management to actively build the infrastructure enabling user-owned, privacy-preserving AI at scale," David Schwed, SovereignAI COO.