Lombard Finance raises $94.7 million for Bard token
Jinse Finance reported that on September 3, Bitcoin DeFi protocol Lombard Finance completed the public offering of its Bard token, raising $94.7 million. The original fundraising target was $6.75 million, but the actual subscription amount exceeded the target by 1,400%. BARD will serve as the governance token for the Lombard Bitcoin DeFi protocol. Lombard stated that the additional funds will be used to develop products and expand the ecosystem, while also aiming to attract more users to its ecosystem by increasing Bitcoin DeFi functionalities.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Spot gold breaks through the $4,300 per ounce mark
JPMorgan expects trading fees to grow by 10% to 15% in the third quarter.
JPMorgan states that trading activity remains strong and resilient
Spot gold surpasses $4,310 per ounce, up 0.27% on the day
Crypto prices
More
