Market's brutal right now, but Reya just pulled off their ICO at a $150m fully diluted valuation—and somehow got oversubscribed.
That's actually impressive timing. Shows real confidence from participants when most projects are struggling to raise.
What caught my attention though? Their integration with Eigen. This setup is pushing decentralized trading infrastructure toward centralized exchange performance levels while keeping that Layer 1 security foundation intact.
If they can actually deliver on the execution side, this could shift how people think about trustless trading platforms.
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WhaleWatcher
· 12-04 18:10
$150m financing is still oversubscribed? This market... are there really still people who believe in Eigen's stuff?
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ImpermanentPhobia
· 12-04 18:10
I’ve looked into this Reya funding, but I really don’t quite understand the Eigen integration part. Feels like everyone is just hyping it up...
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LightningHarvester
· 12-04 18:02
Oh wow, this timing is incredible. Raising more than the target in a bear market? Reya's got something special.
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SilentObserver
· 12-04 18:02
Wait, the integration with Eigen is really a highlight, but execution is what truly matters.
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ProposalDetective
· 12-04 18:00
Wait, the timing of Reya's fundraising is really incredible... The market is so bad and they still managed to oversubscribe. I need to take another look at Eigen's combo moves.
Market's brutal right now, but Reya just pulled off their ICO at a $150m fully diluted valuation—and somehow got oversubscribed.
That's actually impressive timing. Shows real confidence from participants when most projects are struggling to raise.
What caught my attention though? Their integration with Eigen. This setup is pushing decentralized trading infrastructure toward centralized exchange performance levels while keeping that Layer 1 security foundation intact.
If they can actually deliver on the execution side, this could shift how people think about trustless trading platforms.