Thala raised $2 M in a IDO round on 2023-04-05.
THL
THL
-3.25%
According to media reports, Thala raised $2 M in a IDO round on 2023-04-05.Following this round, Thala's total funding reached $8 M.
Thala is an over-collateralized, yield-bearing stablecoin protocol backed by a basket of on-chain assets. Its diverse collateral base of liquid staked derivatives, liquidity pool tokens, deposit receipt tokens, and RWAs ensures its decentralized, censorship-resistant nature without compromising capital efficiency.
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THL Fundraising History
| Round | Amount | Valuation | Time | Investor(s) |
|---|---|---|---|---|
| IDO | $2 M | -- | 2023-04-05 | -- |
Key Milestones
- 2023-04-06Thala was live on mainnet
- 2023-04-06Thala raised $ 2.95 M through IDO
- 2023-04-06$THL was live for trading
- 2023-02-25Thala was live on testnet
- 2022-10-26Thala raised $ 6 M in Seed round
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Market Sentiment
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| 1H | 24H | 7D | 30D | 1Y |
|---|---|---|---|---|
1.58% | 11.49% | 8.6% | 7.99% | 72.06% |
