VC’s
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Magpie Protocol’s $3 Million Seed Round Has Completed
Greetings, Magpies! The team at Magpie Protocol wanted to provide you all with some great information today. Magpie is happy to announce that our $3M Seed round has successfully closed, thanks to the support of numerous investors and the dedication of our team members. That is a significant accomplishment, and only the start of our experience since the Alpha test is about to begin. In addition , we would like to thank the network for its unwavering support and enthusiasm for the project. To begin with, with the aid of jump Crypto, Magpie Protocol is well-positioned for success. It is…
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Mysten Labs Closes A $300 Million Fundraising Round With The Help Of FTX Ventures
The firm is valued at over $2 billion thanks to Mysten’s Series B investment, which grants investors stock and token warrants. A quintuplet of former Meta executives created the firm, which is the brains behind the much-anticipated Sui blockchain, which has not yet gone live. According to a Thursday release, Mysten Labs has completed a $300 million capital round at over $2 billion. Sui, a proof-of-stake Layer 1 blockchain that has not yet been launched and is intended to compete with Solana and Ethereum, was developed by Mysten. Evan Cheng, co-founder and CEO of the firm, said in an interview…
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