Guofu Quantum Acquires 19.9% Stake in Luffa AI for $39.8 Million

According to Odaily, Hong Kong-listed company Guofu Quantum announced its investment in decentralized social and messaging platform Luffa AI. The company is acquiring 11.89 million existing shares for $19.8 million and subscribing for 10 million new shares for an additional $20 million, bringing its total stake to 19.9%. Luffa AI develops AI and Web3-based communication and social network products using end-to-end encryption and distributed technology.
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