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Pencils Protocol completes a new strategic financing round with a valuation of $80 million, with participation from Bing Ventures.

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Odaily
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Sep 2, 2024

Odaily Planet Daily News: Scroll ecosystem project Pencils Protocol announced the completion of a new round of financing with a valuation of $80 million. Investors such as Taisu Ventures, DePIN X, Bing Ventures, and Black GM Capital participated. Earlier in May this year, Pencils Protocol completed a $2.10 million seed round of financing, with investors including OKX Ventures, Animoca Brands, Galxe, Gateio Labs, Aquarius, Presto, and many other well-known institutions and individual investors.

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