Robinhood Chain Launchpad Memecoin.Fun Raises $3.5 Million in Strategic Investment
Minseung Kang
Summary
- Memecoin.Fun, a launchpad on Robinhood Chain, said it raised $3.5 million in a strategic investment round.
- The round was led by Becker Ventures, with participation from BitValue Capital, Mason Labs, Negentropy Capital and angel investor Billy Wen.
- Memecoin.Fun said it plans to use the proceeds to develop Robinhood Chain launchpad infrastructure, cross-chain bridge functionality and an all-chain memecoin platform.
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Memecoin.Fun, a launchpad on Robinhood Chain, has raised $3.5 million in a strategic investment round.
Memecoin.Fun announced on X on July 24 that it raised the funds through a strategic round conducted via the USDG token.
Becker Ventures led the round. BitValue Capital, Mason Labs, Negentropy Capital and angel investor Billy Wen also took part.
Memecoin.Fun plans to use the proceeds to build launchpad infrastructure for Robinhood Chain, add cross-chain bridge functions and develop an all-chain platform for memecoins.
The company described the investment as another major milestone in its push to build next-generation on-chain meme infrastructure.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.