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Karak Network
Series A Round
Past
13 Dec, 23 - 14 Dec, 23
Karak network is a staking protocol that enables users to repurpose their assets, such as liquid staking tokens, stablecoins, or even Bitcoin, to enhance the security of blockchain networks and dApps.
It has also developed an Ethereum L2 network, powered by its Distributed Security Services. The Karak L2 is designed to help developers build and test various applications and major updates on its chain network before they go live.
On December 13th, 2023, the company closed a Series A funding round, raising over $48M at $1B valuation from Coinbase Ventures, Pantera Capital and some other funds.
CoinLaunch Score:
Last update:
Very High
23 May, 24
Karak Network - Series A Round Overview
start date:
13 Dec, 23
end date:
14 Dec, 23
price:
N/A
Raise:
$3.25M
Min. Buy:
N/A
Max. Buy:
N/A
tokens for sale:
N/A
Industry:
Blockchain Service
Total Token Issued:
N/A
Karak Network - Series A Round Round Result
Raise:
$3.25M
Round FDV:
$0
Total Raise:
$51.25M
Tokenomics FDV:
N/A
Round Weight:
6.34%
Current FDV:
N/A
Karak Network - Series A Round
Funds and Backers (3/10)
Submit | Fund | Score | Type | Retail ROI | Numbers of investments |
|---|---|---|---|---|
| Very High | 1.28x | 87 | ||
| N/A | 1.34x | 31 | ||
| Very High | 2.22x | 29 |
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