Mantle Network raised $356 M in a IDO round on 2021-08-17.

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According to media reports, Mantle Network raised $356 M in a IDO round on 2021-08-17.Following this round, Mantle Network's total funding reached $586 M.
Mantle is a high-performance Ethereum layer-2 network built with a modular architecture that delivers low fees and high security. Builders can use Mantle's unique design to create dApps with an exceptional user experience, while also relying on Ethereum's unparalleled security. Mantle is a product of BitDAO and is governed by the $BIT community.

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MNT Fundraising History
RoundAmountValuationTimeInvestor(s)
IDO$356 M--2021-08-17--
Key Milestones
  • 2025-07-30
    Mantle discloses Ethereum reserve data, holding a total of 101,867 ETH and METH
  • 2024-11
    Blade Games collaborates with Mantle to launch a $100000 MNT incentive program
  • 2024-03-27
    Upbit listed MNT
  • 2023-07-17
    Mantle Network was live on mainnet
  • 2023-05
    BitDAO and Mantle Network will merge, BIT will be converted 1:1 to MNT
  • 2023-01-10
    Mantle Network was live on testnet
  • 2021-08-18
    Mantle Network raised $ 356 M through IDO
  • 2021-06-16
    Mantle Network raised $ 230 M in funding round
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