Recently, Zhejiang Shuqin Technology Co., Ltd. (hereinafter referred to as "Shuqin Technology") announced the completion of a PreA round of tens of millions of yuan. This round of financing was led by a number of industry investors, financial industry leaders and koala funds. Some angel investors followed suit. So far, Shuqin Technology has completed two rounds of financing, with a total financing amount of more than 100 million yuan. Yu Qinyu, co-founder and CEO of Shuqin Technology, told Babbitt that the financing was mainly used to further increase the investment in research and development of blockchain technology, and to promote existing blockchain application cases to the country and the world.