Near Protocol Closes $150M Funding, NEAR Price Eyes $20

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Near Protocol Closes $150M Funding, NEAR Price Eyes $20
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NEAR Protocol raised $150 in funding from high-profile industry investors such as Alameda Research, Andreessen Horowitz, and Three Arrows Capital.

NEAR protocol has managed to close substantial funding round from top cryptocurrency investors in preparation for a further DeFi-oriented advance.Some of the names include Alameda Research, Su Zhu’s Three Arrows Capital, Dragonfly Capital, Andreessen Horowitz , and others.

The funding reportedly happened through a private token sale. It was completed in two weeks which is indicative of the high interest in the protocol.Near has done a great job from a technology standpoint, and we want to help them achieve a level of developer, user, ecosystem adoption which reflects their current level of technology innovation.Yet, after news broke out, NEAR’s price skyrocketed, and it currently eyes $20.

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