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Farcaster Secures $150M in Funding, Reaches $1B Valuation With Backing From Paradigm

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22 May, 2024

Farcaster, a decentralized social media platform leveraging the Ethereum blockchain and Optimism’s Layer two ecosystem, has successfully raised $150 million in a funding round led by Paradigm, bringing its valuation to $1 billion. The funds will be used to sustain the project’s development, focusing on growing its user base and enhancing developer tools, after the […]

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