According to on-chain analyst Ember, the institution that hoarded 4.114 million PENDLEs ($12.26 million) at an average price of $2.98 in March-September should be Polychain Capital. These PENDLEs were all transferred to FalconX 8 hours ago, but now the price of PENDLEs has dropped to $2.19. That means these PENDLEs lost $3.25 million.
Grass, a DePIN project based on the Solana ecosystem, announced a $10 million bridge financing, with Polychain and Tribe Capital participating. It is reported that this is the third time Polychain Capital has supported Grass projects. Previously, the institution participated in its seed round and A round of financing.
On October 1st, at this year's Token 2049 conference in Singapore, Polychain CEO Olaf Carlson Wee shared the keynote speech of "meme coin is an information market". Olaf observed a sharp divergence in the attitudes of institutional investors and retail investors towards meme coins. Institutional investors see meme coins as gambling and zero-sum...
10月1日消息,在今年新加坡 Token 2049 大会上,Polychain CEO Olaf Carlson Wee 分享了“meme 币是信息市场”主题演讲。 Olaf 观察到机构投资者与散户对迷因币的态度出现巨大分歧。机构投资者将迷因币视为赌博和零和...
10月1日消息,在Token2049大会上,Polychain CEO Olaf Carlson Wee分享了“meme币是信息市场”主题演讲。Olaf观察到机构投资者与散户对迷因币的态度出现巨大分歧。机构投资者将迷因币视为赌博和零和游戏,但散户的热...
DeFi platform M ^ ZERO completed a $40 million Series B financing round led by Polychain Capital and Ribbit Capital, with investment from PANTERA Capital, Bain Capital Crypto, Endeavor Catalyst and other institutions.
The Celestia Foundation announced on July 24 that it would spend $62.50 million to buy all the remaining TIAs held by Polychain, which will be transferred to new investors. The batch of about 43.45 million TIAs, currently worth about $82.20 million, uses a rolling unlock mechanism. The first unlock will start on August 16 and be completed on November 14.