LBP platform Fjord Foundry completes US$4.3 million in seed round financing, led by Lemniscap
According to Coindesk, LBP platform Fjord Foundry completed a $4.3 million seed round of financing. This round of financing was led by Lemniscap, with participation from Mechanism Cap, Zee Prime Cap, Castle Capital and several angel investors.
Fjord (formerly Copper Launch) is a Liquidity Bootstrapping Platform (LBP) that enables projects to generate liquidity for new tokens in a transparent and permissionless manner. Fjord supports teams such as Merit Circle, Avocado DAO, Crypto Unicorns, Breeder DAO, etc.
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
AI gamble backfires! Data center project writedowns and weak tech stock positions drag down SoftBank (SFTBY.US) to a Q2 loss of $7.1 billion
SoftBank recorded its first net loss in nearly two years due to a $3.7 billion impairment loss arising from a U.S. data center project, coupled with mounting market concerns over the sustainability of artificial intelligence (AI) growth impacting the investment giant’s key holdings.
AI Cloud Sector Faces a Key Moment: CoreWeave (CRWV.US) Set to Announce Earnings, Wells Fargo Remains Bullish
CoreWeave (CRWV.US) will release its third-quarter financial report after the U.S. stock market closes on Tuesday. This is seen as a key test for the strength of the new AI cloud sector.

JPMorgan raises target prices for Target and Walmart
Orient Precision Industries Holds Extraordinary Shareholders Meeting