Crypto World
Cap Labs CAP Token Auction Closes at $106 Million FDV With 5.5x Oversubscription
Cap Labs has closed its public CAP token auction with 1,002 unique bids, $16.4 million in total commitments, and a 5.5x oversubscription rate, the EigenLayer-backed stablecoin protocol announced Wednesday night. The auction opened June 8 and drew a final clearing price of $0.011 across a total… Read the full story at The Defiant
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