00:00
The Financial Ways
The Financial Ways
USD/RUB
EUR/RUB
Cryptocurrency

Memecoin.Fun secures $3.5M as Robinhood Chain launchpad race heats up

With decentralized exchange volume on the new Robinhood Chain topping $9 billion, Memecoin.Fun has raised $3.5 million to expand its token issuance infrastructure. The funding signals a sharpening battle for dominance among launch platforms vying to capture the network’s speculative trading activity.

Memecoin.Fun secures $3.5M as Robinhood Chain launchpad race heats up

The strategic round was led by Becker Ventures, with participation from BitValue Capital, Mason Labs, Negentropy Capital, and angel investor Billy Wen. The platform executed the transaction using the USDG token, though the company opted not to disclose its post-money valuation or specific equity terms. These funds are earmarked for developing core launchpad systems, cross-chain bridges, and a multichain platform designed to support memecoin deployments.

This capital injection arrives as Robinhood Chain experiences a surge in transaction volume, fueled primarily by speculative assets rather than the tokenized real-world stocks the network was originally designed to host. Memecoin.Fun enters a crowded field, competing directly with protocols like Pons, which recently announced a V2 upgrade featuring Uniswap V4 integration and Ether-based bonding curves. While the chain has attracted 250,000 daily active users and $431 million in total value locked within weeks of its mainnet launch, both platforms face the challenge of converting transient, memecoin-driven volume into sustainable, long-term liquidity.

Share

Comments (0)

Leave a comment

No comments yet. Be the first!