Post #11066

MegaETH buys back 4.75% of company from early investors Repurchased stake includes company equity and token warrants from pre-seed investors. Buyback was completed at a valuation above the seed round, when MegaETH raised $20M at a "9-figure" token valuation. Buyback began and closed during the summer, with approval from key stakeholders including Dragonfly and Echo, and was completed in compliance with applicable laws and governance procedures 🔗x.com/megaeth_labs/status/1979171136693731839 Follow us to be on top of crypto: TG | Chat | X