$API3 Latest news: Completed $4 million in token financing 🟢💹
The decentralized oracle project API3 announced the completion of $4 million in token financing, led by DWF Labs, with participation from Spartan Group, Nomura Securities subsidiary Laser Digital and Caladan (formerly AlphaLab). The following are the main contents of this financing:
Financing details:
Financing amount: US$4 million Lead investor: DWF Labs Participants: Spartan Group, Laser Digital, a subsidiary of Nomura Securities, Caladan
Funding purpose:
The launch of the OEV network mainnet Further integration of decentralized applications (DApp) and blockchain networks Support the continued development and promotion of API3 services
Financing structure:
API3 sold 1,423,500 API3 tokens at an average price of 2.81 USDC in this token financing Tokens will adopt a 12-month linear unlocking and 6-month lock-up structure
API3 said that this round of financing will provide strong support for the further development of the project, especially in the launch of the OEV network mainnet and the integration of decentralized applications. These funds will help API3 promote the development of decentralized oracle services and enhance its influence in the blockchain network.#API3#Decentralized Oracle#Cryptocurrency#Financing #Dr.Frog 🐸🔮
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