Shardeum is raising funds at a $250 million token valuation

Quick Take

  • Layer 1 blockchain Shardeum is raising $5 million in a strategic round, sources tell The Block.
  • The round is set to give the startup a $250 million token valuation.
WazirX founder Nischal Shetty's Layer 1 blockchain Shardeum is raising funds for a strategic round at a $250 million valuation, sources tell The Block.

Stay updated on Pro Crypto Ecosystems news by locking ACS tokens with The Block.

You can unlock at any time.*
No wallet? No problem. You can set one up for free. We recommend Torus for first-time users.
*a 2% locking fee will be added at the time of locking.


To contact the editors of this story:
Ryan Weeks at
[email protected]
Andrew Rummer at
[email protected]