Crypto-Focused Ethereum Layer 2 TEN Hits $30M Token Valuation with Latest Round of Funding
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Obscure Laboratories, THE developer of THE Ethereum ETH/USD Layer 2 network TEN ("THE Crypt Network"), announcement that he raised $9 million In A funding round. Business blockchain farm R3 directed THE round, with Republic Crypto, KuCoin Laboratories, Big Brain Assets, Magnus Capital And DWF Laboratories participant, Obscure Laboratories said Friday. A R3 spokesperson confirmed has THE Block that R3 directed THE round. Obscure co-founder Gavin Thomas said THE Block that THE $9 million round occurred In three slices on THE last two years, with THE last batch, value almost $3 million, closing last December. All slices were structure as simple Agreements For future equity (ON) with token mandates, Thomas said. He added that ON was optional as "a few investors were only interested In signature token mandates."
Read THE complete history has THE Block.
© 2024 Benzinga.com. Benzinga do not provide investment advice. All rights reserved.
Obscure Laboratories, THE developer of THE Ethereum ETH/USD Layer 2 network TEN ("THE Crypt Network"), announcement that he raised $9 million In A funding round. Business blockchain farm R3 directed THE round, with Republic Crypto, KuCoin Laboratories, Big Brain Assets, Magnus Capital And DWF Laboratories participant, Obscure Laboratories said Friday. A R3 spokesperson confirmed has THE Block that R3 directed THE round. Obscure co-founder Gavin Thomas said THE Block that THE $9 million round occurred In three slices on THE last two years, with THE last batch, value almost $3 million, closing last December. All slices were structure as simple Agreements For future equity (ON) with token mandates, Thomas said. He added that ON was optional as "a few investors were only interested In signature token mandates."
Read THE complete history has THE Block.
© 2024 Benzinga.com. Benzinga do not provide investment advice. All rights reserved.
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