Solomon Labs successfully raised $100 million during the final hours of its public offering on MetaDao, marking it as the second-highest-funded project on the platform, following UmbraPrivacy. This significant fundraising achievement was reported on November 19.
The event impacted Polymarket users, with those predicting fundraising amounts below $100 million losing their bets. Meanwhile, an address identified as 'KimballDavies' reportedly gained over $500,000 by betting on the high-probability outcome of the offering reaching or exceeding $100 million.
Solomon Labs Secures $100M in MetaDao Public Offering
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