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Umbra has secured nearly $155 million in commitments through MetaDAO's initial coin offering

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2025-10-10 14:29:24
Privacy protocol Umbra has secured nearly $155 million in commitments through MetaDAO's initial coin offering. Umbra is a privacy protocol incubated by Arcia, whose Solana ecosystem project attracted over 10,000 participants in support of its confidential DeFi trading infrastructure roadmap.
However, since the cap is set at $3 million and the initial price is $0.30 per UMBRA token, participants will receive approximately 2% of their allotment. Therefore, each person will receive a corresponding share according to their committed USDC and the remainder will be refunded.
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