Oracle API3 Completes $4 Million Token Funding, DWF Labs Leads Investment
Golden Finance reported that decentralized oracle API3 announced the completion of a $4 million token financing, led by DWF Labs, with participation from Spartan Group, Laser Digital, a subsidiary of Nomura Securities, and Caladan (formerly AlphaLab). This round of financing will be mainly used for the launch of the OEV network mainnet, further integration of decentralized applications (DApps) and blockchain networks, and to support the continued development and promotion of API3 services. API3 stated that in this round of token financing, API3 sold 1,423,500 API3 tokens at an average price of 2.81 USDC, and the tokens sold will adopt a 12-month linear unlocking and 6-month lock-up structure.
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