The Scroll ecological project Pencils Protocol completed a new round of strategic financing with a valuation of 80 million USD, led by Taisu Ventures

ChainCatcher news, according to official sources, the Scroll ecosystem project Pencils Protocol has completed a new round of financing with a valuation of $80 million, led by Taisu Ventures, with participation from DePIN X, Bing Ventures, and Black GM Capital.

It is reported that in May of this year, Pencils Protocol completed a seed round financing of $2.1 million, with investors including well-known institutions and individual investors such as OKX Ventures, Animoca Brands, Galxe, Gateio Labs, Aquarius, and Presto.

Pencils Protocol is currently the top-ranked native project in the Scroll ecosystem by TVL. It is a one-stop yield aggregator and auction platform based on Scroll, featuring asset aggregation and distribution, leveraged yield, auctions, and more, aimed at maximizing the utilization of users' assets.