According to TechFlow, on November 29, Cointelegraph reported that the private market trading platform SecondLane announced that it would list 1% of Pump.fun's equity for sale at a fully diluted valuation (FDV) of US$1.5 billion, with a selling price of US$15 million.
Pump.fun has previously received investments from Alliance DAO, Big Brain Holdings, and 6th Man Ventures. The platform hinted in October that it would release a native token and launch an upgraded trading terminal "Pump Advance", but has not yet announced a specific timetable.
According to DefiLlama data, Pump.fun has generated $86 million in fee income in the past 30 days, with cumulative fee income exceeding $225 million, currently ranking as the eighth-largest revenue blockchain protocol.