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Andre Cronje's Flying Tulip raises $200 million at $1 billion token valuation

exclusiveQuick Take Andre Cronje’s new crypto project, Flying Tulip, has raised $200 million at a $1 billion token valuation and aims to raise up to another $800 million through a public sale. All investors in both private and public rounds will get an “onchain redemption right” to redeem up to their original principal at any time. Flying Tulip, the new crypto project founded by DeFi veteran Andre Cronje, has raised $200 million in a private seed funding round to build an onchain exchange that s...

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