$NEAR Surges to New All-Time High Above $20 After NEAR Foundation Raises $150M - Aliens: AI Crypto News & Markets Updates

$NEAR Surges to New All-Time High Above $20 After NEAR Foundation Raises $150M

Mon, Jan 17, 2022

Aliens TLDR

NEAR Foundation , the Swiss non-profit organization responsible for “contracting protocol maintainers, funding ecosystem development, and shepherding core governance of the NEAR protocol “, has announced the close of $150 million in new funding being raised from several prominent crypto investing firms.

According to a report by CoinDesk, NEAR Foundation held a $150 million funding round led by Su Zhu’s Three Arrows Capital.

He said the growing awareness of projects being built on NEAR, including NEAR Foundation’s announcement of $800 million fund to support development, has led to greater excitement for the DeFi project.

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