Canton Network's backers plan to raise $500 million to establish a special purpose acquisition vehicle (SPAC) to invest in Canton Coin.
3 hours ago
This entity also intends to operate the network as a super-validator and develop relevant applications. DRW Holdings and Liberty City Ventures will provide the major portion in Canton Coin, and it is expected that another $1 billion to $2 billion will come from external investors. Insiders revealed that Mark Toomey, the managing director of Liberty City Ventures, will serve as the president of the entity, and Mark Wendland, the former COO of DRW, will be the CEO.
The MegaETH public sale has raised over $1 billion, with a 20x oversubscription.
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zkPass has released the ZKP Tokenomics: a total supply of 1 billion tokens, with 48.5% allocated to the community.
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Three Whales Long BTC and ETH, Opening a Long Position Worth a Total of $45.53 Million
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