2025-12-27 01:00:34

Renowned venture capitalist Tim Draper just gave a major thumbs up to Rise after the project secured $1 billion in funding. The milestone marks a significant moment for the startup, signaling strong investor confidence in the Web3 space. Draper's endorsement carries weight in the crypto community, and his backing of high-profile projects has often preceded broader market adoption. Rise's achievement reflects the ongoing appetite for innovative blockchain solutions among institutional players.

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DefiPlaybook

· 12-27 01:27

According to on-chain data, Draper's endorsement this time can indeed boost market expectations, but the proportion of real institutional funds in the $1B financing needs to be examined carefully—Risk warning: Celebrity endorsements ≠ project fundamentals. Historically, approximately 27.3% of projects that received backing from big names have collapsed afterward.

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ChainPoet

· 12-27 01:27

Tim Draper hits big on his first investment—how many times has this trick been played...

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BlindBoxVictim

· 12-27 01:21

Tim Draper is at it again with the buying spree; this guy's instincts are truly exceptional... Rising to a billion dollars is just so impressive. I just want to see what they can actually do with it. Projects endorsed by Draper are really all disappointing one after another. I bet five bucks this time won't be an exception. A billion dollars, really envy it so much... Why didn't I hear my friend mention this round of funding? It feels like another new way to harvest the leeks.

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