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Home›Crypto›Market Structure›Umia raises $6.1 million in seven-day auction of its U…

Umia raises $6.1 million in seven-day auction of its UMIA token

The seven-day token auction drew nearly 700 individual bidders across 10 funds, helping Umia advance efforts to launch crypto projects' tokens.

Reported · Written up by our desk · Market Structure

Umia raised $6.11 million through a seven-day auction of its UMIA token, according to The Block.

The fundraising round took place at an $18 million fully diluted valuation, with 10 funds and nearly 700 individual bidders participating.

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Sources

The BlockUmia raises $6.1 million at $18 million FDV to help crypto projects launch tokens

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