Wu Shuo learned that Sphinx announced the completion of a $2 million Pre Seed round of financing, led by Eckhardt Capital, with participation from Big Brain, Blizzard Fund, Cosmos Hub, and others. Sphinx is building an energy commodity derivatives exchange based on its self-developed licensed Layer 1, supporting futures and perpetual contracts in markets such as oil and gas. The funds will be used for mainnet launch and institutional cooperation expansion.