UPDATED: July 12, 2025, 12:59PM EDT Quick Take Memecoin launchpad Pump.fun raised $600 million through its public sale of PUMP tokens, which fully sold out in just 12 minutes. The platform offered 15% of its total token supply to the public, at a fully diluted valuation of $4 billion. Though it initially seemed that the platform sold only 12.5% of its supply, raising $500 million, the platform’s co-founder told Bloomberg News that the sale raised $600 million. Bybit said due to an unexpected API...