{"id":59702,"date":"2022-04-06T16:19:45","date_gmt":"2022-04-06T13:19:45","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=59702"},"modified":"2025-09-04T23:18:51","modified_gmt":"2025-09-04T20:18:51","slug":"near-protocol-raises-350-million-led-by-tiger-global-and-other-investors","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/near-protocol-raises-350-million-led-by-tiger-global-and-other-investors\/","title":{"rendered":"NEAR Protocol raises $350 million led by Tiger Global and other investors"},"content":{"rendered":"<p>The NEAR Protocol team closed a funding round worth $350 million led by venture-capital firm Tiger Global, with participation from Republic Capital, Hashed, FTX Ventures, Dragonfly Capital and other investors. <a href=\"https:\/\/www.theblockcrypto.com\/post\/140751\/near-protocol-raises-350-million-in-new-funding-round-led-by-tiger-global\">The Block<\/a> reports.<\/p>\n<p>Against the backdrop of the funding round, the native NEAR token rose by 9% to $16.8.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"640\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2022-04-06-v-16.10.21-1024x640.png\" alt=\"NEAR Protocol raised $350 million from Tiger Global and other investors\" class=\"wp-image-169578\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2022-04-06-v-16.10.21-1024x640.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2022-04-06-v-16.10.21-300x188.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2022-04-06-v-16.10.21-768x480.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2022-04-06-v-16.10.21-1536x960.png 1536w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2022-04-06-v-16.10.21-2048x1280.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Hourly chart of NEAR\/USDT on Binance. Data: <a href=\"https:\/\/www.tradingview.com\/symbols\/NEARUSDT\/\">TradingView<\/a>.<\/figcaption><\/figure>\n<p>The funds will be used to increase the number of regional hubs in key community centers around the world.<\/p>\n<p>According to the team, the NEAR platform hosts around 300 applications with more than 200,000 community members worldwide.<\/p>\n<p>According to <a href=\"https:\/\/defillama.com\/chain\/Near\">DeFi Llama<\/a>, the value locked in the NEAR Protocol DeFi ecosystem reached $312 million. The largest project built on the protocol is the DeFi platform Ref Finance.<\/p>\n<p>In January, NEAR Protocol raised $150 million, after which the NEAR price <a href=\"https:\/\/u1f987.com\/en\/news\/near-protocol-token-hits-all-time-high-on-back-of-150m-funding-round\">reached an all-time high<\/a> at around $20.<\/p>\n<p>In the same month, the platform team <a href=\"https:\/\/u1f987.com\/en\/news\/near-protocol-developers-unveil-new-staking-mechanism\">unveiled a new staking mechanism<\/a>, allowing validators to pay rewards to delegates in several different tokens.<\/p>\n<p>Read ForkLog&#8217;s Bitcoin news on our <a href=\"\/\/telegram.me\/forklog\" target=\"\u201c_blank\u201d\" rel=\"\u201cnofollow\u201d noopener\">Telegram<\/a> \u2014 cryptocurrency news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The NEAR Protocol team closed a funding round of $350 million led by venture-capital firm Tiger Global.<\/p>\n","protected":false},"author":1,"featured_media":59703,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1216,1133],"class_list":["post-59702","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-near-cryptocurrency","tag-venture-investments"],"aioseo_notices":[],"amp_enabled":true,"views":"17","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/59702","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=59702"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/59702\/revisions"}],"predecessor-version":[{"id":59704,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/59702\/revisions\/59704"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/59703"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=59702"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=59702"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=59702"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}