According to TechFlow, on September 2, according to official news, the Scroll ecosystem project Pencils Protocol announced the completion of a new round of financing with a valuation of US$80 million. Taisu Ventures, DePIN X, Bing Ventures and Black GM Capital and other institutions participated in the investment.
Pencils Protocol is currently the No. 1 native project in the Scroll ecosystem by TVL. It is a one-stop yield aggregator and auction platform based on Scroll, which includes asset aggregation and distribution, leveraged yield, auction and other functions, aiming to maximize the asset utilization of users. Pencils Protocol plans to launch advanced vaults and innovative auction platforms, aiming to innovate the field of yield optimization and asset bidding.
According to previous news, Pencils Protocol completed a US$2.1 million seed round of financing in May, with investors including OKX Ventures and Animoca Brands.
