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Teleport, a ride-hailing application on Solana chain, announced its closure

According to online reports, according to The Block, the decentralized ride-hailing application Teleport has announced the shutdown. The project was established in 2022 and received a US$9 million seed round of financing co-led by Foundation Capital and Road Capital. Teleport will provide users with withdrawal support until February 28, during which time users can withdraw their remaining USDC stablecoin balances and private keys.

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