Exchanges· ★★· neutral·

Umia raises $6.1 million at $18 million FDV to help crypto projects launch tokens

  • —Raised $6.11 million in a seven-day UMIA token auction
  • —Ten funds and nearly 700 individual bidders took part
  • —Project valued at $18 million FDV
Why it matters: The raise signals renewed appetite for token-launch infrastructure as crypto teams look to bring new assets to market.
Source: The Block
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