Blockchain GNSS network Onocoy Association completes a strategic round of financing of 940 thousand US dollars, with Thomas Seiler participating.

Odaily Planet Daily News: The community-based blockchain global GNSS network onocoy Association has announced the completion of a $940 thousand strategic financing round. GPS industry company Thomas Seiler and DePIN project Smart Island participated. As of now, the total amount of financing for the company has reached $4.20 million, with specific valuation information not yet disclosed. Onocoy utilizes blockchain technology-supported shared infrastructure to provide professional-grade GNSS data. The new funds will support its decentralized platform expansion into areas such as agriculture, construction, land management, and autonomous systems.