Usual recently completed a $10 million Series A funding round led by Binance Labs and Kraken Ventures. Other notable investors include Coinbase Ventures, Wintermute, and Ondo Finance. On the same day, OK Ventures also announced an investment in the project, although the specific amount was not disclosed.
With this funding, Usual's total public capital now reaches $18.5 million. The project's market capitalization exceeds $600 million, with a fully diluted valuation (FDV) of over $5 billion. Currently, 12% of its total supply, or 494 million USUAL tokens, are in circulation. It is expected that at least 3.2 million tokens will be unlocked daily until 2028.
