Singapore-based Solscan will use the funding to improve its block browser and launch a new analytics platform, Solscan Analytics.Solscan's CEO Long Vuong said that in addition to using Solscan as a block browser, they will further use Solscan for other features such as wallet watch lists, DeFi dashboards, NFT scanning, etc. With the new NFT dashboard on Solscan, users can track all NFTs on the Solana network (currently around 8 million), as well as their selling prices, transactions and collections, and all new NFTs will also be tracked in real time.