Scroll ecosystem project Pencils Protocol completes a new round of strategic financing with a valuation of US$80 million, led by Taisu Ventures

According to official news from ChainCatcher, the Scroll ecosystem project Pencils Protocol has completed a new round of financing with a valuation of US$80 million, led by Taisu Ventures, with participation from DePIN X, Bing Ventures and Black GM Capital.

It is reported that in May this year, Pencils Protocol completed a seed round of financing of US$2.1 million. Investors include OKX Ventures, Animoca Brands, Galxe, Gateio Labs, Aquarius, Presto and other well-known institutions and individual investors.

Pencils Protocol is currently the native project ranked first in TVL in the Scroll ecosystem. It is a one-stop yield aggregator and auction platform based on Scroll, which includes asset aggregation and distribution, leveraged income, auction and other functions, aiming to maximize users' asset utilization.