$70M Committed to Boba Network as Foundation Concludes BOBA Token Agreement with FTX Recovery Trust

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Sure! Here’s a concise list based on the article you provided:

Funding Details

  • Funds:

    • Awaken Foundation
    • LDA Capital
  • Investment Amount: $70 million

Startup & Founders

  • Startup: Boba Network
  • Founders:
    • Alan Chiu (CEO of Enya Labs, core contributor)
    • David Acutt (Director of Boba Governance Foundation)

Fundraise Series

  • Series: Not explicitly stated, but categorized as a capital commitment for ecosystem expansion and infrastructure development.

Date

  • Date of Fundraise: July 1, 2025

Key Focus Areas of Investment

  • Infrastructure Enhancement
  • Ecosystem Expansion
  • Decentralized Application (dApp) Development
  • Community Engagement

Additional Info

  • Agreement with: FTX Recovery Trust (concerning BOBA tokens)

If you need any further details or clarifications, feel free to ask!

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2025-07-01 14:01:17