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Solana-based DePIN io.net hits $1 billion token valuation in latest funding round batch

Solana-based DePIN io.net hits $1 billion token valuation in latest funding round batchDeals • March 5, 2024, 12:48PM EST Published 1 minute earlier on UPDATED: March 5, 2024, 1:01PM EST Quick Take IO Research announced raising $30 million in Series A funding from Hack VC, Multicoin Capital and others. The io.net developer has reached a token valuation of $1 billion with the latest batch of the round, two sources told The Block. IO Research, developer of the Solana SOL -8.10% -based decentra...

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