Reddio Completes Series A Financing with a Post-Money Valuation of $80 Million, Led by Paradigm and Others

L2 network Reddio has completed Series A financing with a post-investment valuation of $80 million, led by Paradigm and Arena Holdings, with participation from Skyland Ventures, Gate Ventures, WAGMI Ventures, and Legends Group.

Reddio (RDO) had previously launched a TGE through PancakeSwap on the Binance wallet. The project clarified that it has never conducted token pre-sales or NFT releases to date, only institutional financing. Tokens of all Series A financing investors will be locked for 12 months and have a four-year vesting plan.

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