Flux Acquires FluxRunner on November 21, 2024
FLUX
FLUX
-5.53%
According to industry media reports, FluxRunner was officially acquired by Flux on November 21, 2024.FluxRunner is a blockchain-based WordPress hosting service provider. The platform offers users high performance and advanced security features, with significantly lower costs compared to traditional VPS or dedicated servers. Notably, users do not need any blockchain expertise to utilize the service. Following the acquisition, FluxRunner is expected to leverage Flux’s technological capabilities and market resources to further enhance its competitiveness in the blockchain hosting services sector.The integration of blockchain technology with traditional internet services is accelerating. This acquisition underscores blockchain companies’ focus on building Web3 infrastructure and is anticipated to lead to more similar consolidation cases in the future, driving the industry toward greater maturity.
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FLUX fundraising-history
| fundraising-Round | fundraising-amount | fundraising-valuation | fundraising-time | fundraising-investor |
|---|---|---|---|---|
| M&A | -- | -- | 2024-11-20 | Flux |
fundraising-key-milestones
- 2024-11-21FluxRunner was acquired by Flux
24hour-high
$0.1261
24hour-volume
$102.22K
alltime-high
$3.33
alltime-low
$0.0164
market-cap--f
89.28%
fdv
$54.29M
24hour-low
$0.1221
market-cap
$48.47M
circulating-s
392.81M FLUX
total-supply
392.86M FLUX
max-supply
440.00M FLUX
market-sentim
positive
| 1H | 24H | 7D | 30D | 1Y |
|---|---|---|---|---|
0.08% | 0.64% | 5.5% | 41.75% | 76.73% |
