NEAR Raises $150M From Major Crypto Investment Firms

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JUST IN: A $150 million raise for NEARProtocol is the latest move from an ecosystem positioning itself for a major $NEAR DeFi push. Blockanalia reports

NEAR co-founder Illia Polosukhin speaks at NEARCON 2021. push.

According to Dragonfly general partner Ashwin Ramachandran, the raise was completed “end to end” in two weeks, reflecting a level of excitement for the up-and-coming chain. The valuation of the tokens was not disclosed, aside from having been priced at a one-month time-weighted average price .The raise is the latest ploy from a remarkably well-capitalized ecosystem attempting to position itself for an influx of users and DeFi protocols.

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