WuShang speaks the truth: if it keeps rising, it will truly become a short seller's ATM.
Brothers, there’s a project recently making waves in the on-chain finance space, claiming to be the 'verifiable automation layer for on-chain finance.' Sounds profound? Hold on, Wu Shang will directly unveil its true nature:
What is it really? It's an infrastructure that adds some filters to cross-chain arbitrage using AI and zk technology.
In one sentence: it's about chain abstraction, doing cross-chain transfers, and the underlying logic isn’t difficult; it’s about 'automated routing + inter-chain intent parsing.'
🧠 Here's the key point, how much money did the VC actually give it?
This project behind Magic Labs has completed three rounds of financing, totaling $83M, accounting for 16.5% of the total. Without discussing specific terms, roughly based on public ratios, the VC's valuation at the time of investment was around $500M FDV.
What is it really? It's an infrastructure that adds some filters to cross-chain arbitrage using AI and zk technology.
In one sentence: it's about chain abstraction, doing cross-chain transfers, and the underlying logic isn’t difficult; it’s about 'automated routing + inter-chain intent parsing.'
🧠 Here's the key point, how much money did the VC actually give it?
This project behind Magic Labs has completed three rounds of financing, totaling $83M, accounting for 16.5% of the total. Without discussing specific terms, roughly based on public ratios, the VC's valuation at the time of investment was around $500M FDV.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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