MerlinStarter, the first launchpad platform on MerlinChain, has announced the completion of its seed round financing, with participation from 20 institutions including Amber Group.
(Previous summary:
MerlinStarter announced the end of $MSTAR subscription, raising a total of approximately 400 million yuan, an oversubscription of 20,000%.
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(Background information:
MerlinStarter token, $MSTAR, will be listed simultaneously on Bybit, Gate.io, and MerlinSwap tonight.
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MerlinStarter, the launchpad platform on the Bitcoin Layer2 network Merlin Chain, has announced the completion of its seed round financing, with participation from 20 institutions including Amber Group, Arkstream Capital, Cogitent Ventures, Mapleblock, CGV, and Sidedoor Ventures.
The funds raised in this round will be used for the collaboration between MerlinStarter and strategic institutions, aiming to optimize the liquidity of BTC Layer2, incubate projects, and iterate Starter products, in order to better achieve asset and user interoperability between Bitcoin Layer 2 networks.
MerlinStarter is the first native launchpad platform and infrastructure of Merlinchain. Its first two IDO fundraising rounds have raised a total of over 900 million US dollars, setting records for the first and second IDOs in history. The platform has already seen over 1 million Merlin Chain addresses engaging in interactions.
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