Near Protocol, one of the most talked about decentralized application (dApps) projects, has received $150 million in investments from major crypto companies.
Near Protocol (NEAR) received a large investment in its latest funding round.
According to the Near Foundation, the tokens sold out in two weeks, confirming high investor interest.
Three Arrows Capital cryptocurrency fund Su Zhu led the round, which was joined by numerous large crypto investors.
The sale price of NEAR tokens is not disclosed. Amid the news of the successful closing of the round, NEAR has risen sharply and is already trading around $20. NEAR has gained 110% over the past month, and 30% over the past week, entering the top 20 by capitalization. Against the backdrop of attracting millions, the coin increased its capitalization to $11.7 billion.
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