[Shipping Company OceanPal Completes $120 Million Financing, Launches AI Project Based on NEAR Protocol] According to Foresight News and The Block, Nasdaq-listed shipping company OceanPal has completed $120 million in private equity financing (PIPE) to launch its wholly-owned subsidiary SovereignAI Services LLC. This subsidiary will collaborate with the NEAR Foundation to build digital asset and artificial intelligence infrastructure. The financing attracted participation from several cryptocurrency investors, including Kraken, Proximity, Fabric Ventures, and G20 Group. The funds will be used to implement a blockchain-native digital asset treasury strategy centered on the NEAR protocol and to develop a confidential AI cloud platform supported by NEAR and Nvidia technologies.