Reef raised $20 M in a round on 2021-03-11.

REEF
REEF
-7.25%
According to media reports, Reef raised $20 M in a round on 2021-03-11.the investors in this funding round include Alameda Research and others. Following this round, Reef's total funding reached $23 M.
Reef Chain is a Layer 1, EVM-compatible blockchain based on Substrate. Its infrastructure also enables EVM extensions, allowing for native token bridging, scheduled calls (e.g., recurring payments), and in-place code upgrades of smart contracts. With lower gas costs and turbo-fast transactions, thanks to the Nominated Proof of Stake consensus mechanism, Reef offers high scalability and affordable transactions to the NFT, Metaverse, GameFi, and DeFi communities.

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REEF Fundraising History
RoundAmountValuationTimeInvestor(s)
Key Milestones
  • 2021-03-12
    Reef raised $ 20 M in OTC round
  • 2020-12
    REEF is live for trading
  • 2020-10-16
    Reef raised $ 3.9 M in Seed round
24-Hour High
$0.0001774
24-Hour Volume
$14.94K
All-Time High
$0.05746
All-Time Low
$0.0001645
Market Cap / FDV
100%
FDV
$7.59M
24-Hour Low
$0.0001661
Market Cap
$7.59M
Circulating Supply
22.82B REEF
Total Supply
44.44B REEF
Max Supply
22.82B REEF
Market Sentiment
Positive

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