News

Across Protocol raises $10 million at a $200 million valuation

2022/11/24 01:34

Hack VC, Placeholder, and Blockchain Capital have invested $10M in Across Protocol at a $200M valuation using a Success Tokens design.
The three leading venture capital firms that specialize in web3 technology purchased 50M Across Success Tokens from Risk Labs (the foundation that supports Across Protocol).
Each success token matures on June 30, 2025 and returns 1 ACX (Across Protocol’s native token) along with the value of 1 call option on ACX struck at $0.50.
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