Solomon Labs successfully raised 100 millions USD in the MetaDao public offering
According to Jinse Finance, market sources report that Solomon Labs raised $100 million in the public offering of MetaDao at the last moment, making it the second highest fundraising project for MetaDao, second only to UmbraPrivacy. Previously, the project's fundraising amount had remained in the $3 million to $5 million range for several days. As a result, all users on Polymarket who predicted Solomon's fundraising would fall into ranges such as $20 million, $40 million, or $100 million were "wiped out." Meanwhile, a suspected insider address "KimballDavies" chose the low-probability "yes" option for all related events, earning a total profit of over $500,000.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Federal Reserve meeting minutes show cooling labor market, overall inflation rate estimated at 2.8%
The euro fell more than 0.5% against the US dollar intraday, now trading at 1.152.
