EigenLayer AVS Gasp Raises $5M Ahead of Testnet Launch

Wednesday, 3 April 2024, 10:05

Gasp, formerly known as Mangata Finance, has rebranded and successfully raised $5 million in funding for its EigenLayer Actively Validated Service. This investment puts their token valuation at $80 million, signaling positive market interest. The testnet launch is a crucial milestone for Gasp as it prepares to deploy its innovative service.
LivaRava Finance Meta Image
EigenLayer AVS Gasp Raises $5M Ahead of Testnet Launch

EigenLayer AVS Gasp Fundraising

Gasp, formerly known as Mangata Finance, has rebranded and successfully raised $5 million in funding for its EigenLayer Actively Validated Service. This investment puts their token valuation at $80 million, signaling positive market interest.

Key Highlights:

  • Fundraising Success: Gasp raised $5 million towards its testnet launch.
  • Market Interest: Valuation reaches $80 million, showing confidence in the project.

The testnet launch is a crucial milestone for Gasp as it prepares to deploy its innovative service.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


Related posts


Newsletter

Get the most reliable and up-to-date financial news with our curated selections. Subscribe to our newsletter for convenient access and enhance your analytical work effortlessly.

Subscribe