DePIN project on the Solana blockchain raises $30 million in Series A funding
Projects on Solana, the most talked about asset of the last period in the cryptocurrency industry, have also started to enter the radar of VCs. Solana-based IO Research received $30 million in investment from companies including crypto giants such as Solana Ventures, OKX Ventures, Aptos Labs, and Sandbox. The token value of the company, which will issue its token at the end of April and distribute it to investors, has reached $1 billion.