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Cameron Armstrong
@cameron
probably nothing https://www.bloomberg.com/news/articles/2024-03-30/crypto-social-media-firm-merkle-sees-1-billion-valuation-in-paradigm-deal
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Ben - [C/x]
@benersing
I can’t get passed the paywall. Does it share details (i.e., amount raised, anticipated use of funds, syndicate other than Paradigm, etc.)?
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thepencil.eth ⌐◨-◨ 🎩
@thepencil.eth
developer of software for decentralized social-media networks founded by two former Coinbase Global Inc. (https://www.bloomberg.com/quote/COIN:US) executives is close to completing a funding round valuing it at about $1 billion, people with knowledge of the matter said.
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thepencil.eth ⌐◨-◨ 🎩
@thepencil.eth
Crypto investment firm Paradigm is leading the investment in Los Angeles-based Merkle Manufactory, whose software underpins the Farcaster social-media network, the people said, asking not to be named as details haven’t been made public.
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