Odaily Planet Daily News Web3 entertainment public chain project T-Rex announced the completion of a $17 million Pre-seed round of financing, with participating institutions including Portal Ventures, North Island Ventures (NIV), Framework Ventures, Arbitrum Gaming Ventures, ArkStream Capital, Mindfulness Capital, Hypersphere, SNZ Holding and Arche Fund (Coin98 Ventures). The project is positioned as a layer-one blockchain dedicated to the entertainment industry, and the funds will be used for underlying technology development and ecosystem construction.