Wu learned that the mining project Ore on the Solana blockchain published a post on X, announcing the establishment of Regolith Labs and the completion of a $3 million seed round financing. The investment was led by Foundation Capital, with participation from Colosseum, Solana Ventures, B+J Studios, Dead King Society, and 3KVC. Regolith Labs aims to accelerate the development of the ORE ecosystem through new proof-of-work primitives and a liquidity network on Solana.