TechFlow reported that decentralized oracle API3 announced the completion of a $4 million token financing round led by DWF Labs, with participation from Spartan Group, Laser Digital—the digital asset subsidiary of Nomura Holdings—and Caladan (formerly AlphaLab). The funds will primarily support the mainnet launch of the OEV network, further integration with decentralized applications (DApps) and blockchain networks, as well as the ongoing development and promotion of API3 services.
API3 stated that in this token sale, it sold 1,423,500 API3 tokens at an average price of 2.81 USDC per token. The sold tokens will be subject to a vesting schedule featuring a 6-month lock-up followed by 12-month linear unlocking.
Add to Favorites
Share to Social Media
