The Hong Kong Securities and Futures Commission has warned the public to be cautious of a suspicious virtual asset investment product called "LENA Network". This product involves pledging and lending arrangements related to virtual assets, and claims to offer high returns to investors. The investment product has not been authorized by the Securities and Futures Commission for public offering in Hong Kong. The Securities and Futures Commission notes that the public in Hong Kong can access information about this product and contact it through the internet. The Securities and Futures Commission reminds the public to be wary of investment opportunities that seem "too good to be true" and to exercise caution when making investment decisions.

LENA Network announced the completion of a $1.5 million funding round with participation from DWF Labs, Alchemy Pay, Draper Dragon and others. It is reported that LENA Network will join the Blast ecosystem and launch a Smart Contract-based Decentralization auction platform to connect Ethereum and the Blast ecosystem, mainly for the development of GameFi Non-fungible Token. In addition, LENA Network is about to launch an IFO of its Token $CANDY.