Bounce Finance completes funding round led by Coinbase
Bounce Finance (AUCTION) announced the completion of a new funding round. The investment was led by Coinbase, a well-known cryptocurrency exchange, with participation from Pantera Capital, Hashed, Fundamental Labs, DHVC, Blockchain Capital and SNZ Capital.
It is reported that the funds raised will be used to create an NFT marketplace and e-commerce platform, as well as help Bounce become the leading auction platform.
Due to the high demand for Bounce Token (BOT) management tokens, as well as their high price, it was proposed by the management and decided by the community to migrate the token to the new token contract with the ticker AUCTION.
