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Arbitrum raised $20 million in a series A funding round to strengthen its position in the cryptocurrency market.

Jun 23, 2024about 1 year ago

Amount Raised

$20 Million

Round Type

series a

Description

Arbitrum, a cryptocurrency token, successfully raised $20 million in a series A funding round to enhance its position in the cryptocurrency market. With a market capitalization of $2.59 Billion, Arbitrum has been one of the top trending cryptos in the cryptocurrency market.

Company Information

Company

Arbitrum

About

Arbitrum is a cryptocurrency project focused on providing scalable, low-cost smart contracts. Launched in August 2021, it has quickly become one of the top trending cryptos with a market capitalization of $2.59 Billion. The project has gone through initial seed funding and a series A round, raising a total of $23.8 million.

Funding Insights

Based on industry data
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