Multicoin

Million

Billion

Cross-chain protocol Wormhole has secured $225 million in funding at a $2.5 billion valuation. Investors include Coinbase Ventures, Multicoin Capital, and Breven Howard, a well-known hedge fund.
The new round of funding took the form of token warrants, which grant holders rights to tokens at a future date. Wormhole has not announced its token yet, making the market expect an airdrop of tokens in the future.
Earlier this month, Jump Trading Group, the incubator for Wormhole, spun off the project, signaling a new phase of independence for the cross-chain protocol.
Wormhole faced a significant setback in early 2022 when it fell victim to a substantial hack, resulting in an estimated loss of $320 million.

Wormhole Secures $225 Million Funding at $2.5 Billion Valuation

TokenInsight

2023년 11월 30일에 게재된 다른 기사

$GFOX, $HEX, $PEPE, and $FLOKI – Who Has the Best Potential for a Moonshot?

Binance expanded investments in lobbying just before guilty plea

Saitama Announces Its Next Big Step: SaitaChain

Exploring the Dynamic Landscape of Cryptocurrency Prices and Trends

Breaking: OpenAI Officially Marks Return Of Sam Altman As CEO

US Official Issues Stern Warning to Crypto Firms Breaking the Law

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!