According to BlockBeats, decentralized derivatives trading platform Aevo (formerly Ribbon Finance) has raised $16.6 million in three funding rounds. In the seed round, 10% of the total token supply was valued at $18.5 million. In the Series A round, 4.62% of the total token supply was valued at $130 million. In the Series A+ round, 3.5% of the total token supply was valued at $250 million. It is reported that by March 13, 2024, the maximum supply of AEVO tokens will be 1,000,000,000, with a circulating supply of 110,000,000 tokens.