ChainCatcher message, on-chain analyst @ai_9684xtpa publishes analysis related to Binance's new mining project BIO. The highest floating profit multiple for private placements has reached 92 times, while the public offering has a minimum of nearly 15 times.

According to Binance's research report, BIO Protocol has raised a total of $30.2 million through public and private placements. The private placement had two rounds, raising a total of $2.3 million, with valuations of $35 million and $69 million; the public offering had three rounds (i.e., BIO Genesis auction), raising a total of $27.9 million, with valuations of $85 million, $142 million, and $219 million in the three rounds.