BTCstake platform Acre completes $4 million strategic financing, with participation from Draper Dragon, etc.

ChainCatcher

2025-02-21 00:09:47

BTC-1,67%

ChainCatcher message, according to The Block, BTCstake platform Acre completed a $4 million strategic financing, with participation from Draper Dragon, Big Brain Holdings, and Orange DAO. Acre co-founder and CEO Laura Wallendal said the financing was done in the form of future equity simple agreement and token subscription rights. Wallendal said the $90 million valuation represents the fully diluted valuation of the unreleased ACRE token.

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