Near Protocol received an investment of 350 million dollars.
Near announced Wednesday that it has raised $350 million in a funding round led by hedge fund Tiger Global. Names such as Republic Capital, FTX Ventures, Hashed and Dragonfly Capital also participated in the round.
Focusing on creating a user-friendly platform for developers of decentralized applications (dapps), Near has received an investment of 150 million dollars in the past months.
After the news, Near experienced a slight increase and is trading at $ 16,715 at the time of publication.
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