News Explorer — Crypto Social Media Protocol Farcaster to Repay $180 Million to Investors

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Jan 23, 2:12 pm

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Crypto Social Media Protocol Farcaster to Repay $180 Million to Investors

Merkle Manufactory, the company behind Farcaster, will repay venture investors the full $180 million raised as the project transitions to new ownership under Neynar. The protocol will continue to operate as Neynar plans to shift Farcaster towards a more developer-focused direction.

Merkle Manufactory, the company behind Farcaster, will repay venture investors the full $180 million raised as the project transitions to new ownership under Neynar. The protocol will continue to operate as Neynar plans to shift Farcaster towards a more developer-focused direction.

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