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TRX $0.3341 -0.32%
DOGE $0.0898 +0.59%
ADA $0.2201 +0.58%
BCH $265.35 +3.39%
LINK $12.89 +4.30%
HYPE $85.60 -2.83%
AAVE $132.26 -1.12%
SUI $0.8114 +1.43%
XLM $0.1917 +3.80%
ZEC $1,157.92 -1.97%

DefiLlama founder: A certain project was acquired yesterday for a nine-figure amount, and token holders received nothing

2025-01-14 19:23:28

ChainCatcher news, DefiLlama founder 0xngmi posted on the X platform stating, "Yesterday there was another typical case: the project party first obtained VC investment through equity financing, then further raised funds through token and NFT sales, issuing tokens similar to equity, and ultimately being acquired for a nine-figure dollar amount. However, equity holders (including investors, founders, and employees) received full returns, while token holders got nothing."

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