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Bitcoin pledge platform Acre completes US$4 million in strategic financing

Internet reports that bitcoin pledge platform Acre completed US$4 million in strategic financing, with Draper Dragon, Big Brain Holdings and Orange DAO participating. Acre co-founder and CEO Laura Wallendal said the round was in the form of a simple future equity agreement and token subscription rights, and Wallendal said the $90 million valuation represents a fully diluted valuation of ACRE tokens that have not yet been launched.

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