L2 Network Reddio announced that it has completed a Series A financing round at a post-money valuation of $80 million, led by Paradigm and Arena Holdings, with participation from Skyland Ventures, Gate Ventures, WAGMI Ventures and Legends Group.
Reddio (RDO) has previously launched a TGE through PancakeSwap on Binance Wallet. The project also clarified that no token pre-sale or NFT placement has been conducted so far, only institutional financing has been conducted, and all investors in Series A financing will have their tokens locked for 12 months and have a four-year vesting plan.
Reddio completes Series A financing round with $80 million post-money valuation, led by Paradigm and others
2025-06-08 03:52:14
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