The encrypted angel investor platform Echo has completed its first transaction
2024-04-01 08:06:06
Cryptocurrency trader Cobie announced that his new cryptocurrency angel investor platform Echo has completed its first transaction, investing $300000 in protocol Ethena. In addition, the most recent private equity valuation of Ethena's fully diluted value (FDV) was $600 million, but trading participants were able to buy at Ethena's previous valuation of $300 million, minus Echo's 5% arbitrage fee.
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