Umia Raises $6.1 Million at $18 Million FDV
Umia secured $6.11 million through a seven-day token auction featuring participation from ten funds and nearly 700 individual bidders.
Crypto project launch platform Umia has raised $6.11 million in funding at an $18 million fully diluted valuation, according to TheBlock.
Seven-Day Auction
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The capital was secured through a seven-day token auction for the UMIA token. The token sale drew participation from ten different funds alongside nearly 700 individual bidders.
## Key facts
- Amount Raised: Umia raised $6.11 million through its recent token auction.
- Valuation: The token sale valued the project at an $18 million fully diluted valuation.
- Participation: Ten funds and nearly 700 individual bidders took part in the seven-day auction for the UMIA token.
Source: theblock.co
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