3 Arrow Capital brings investments and joins 16z! NEAR received 150 million dollars of investment and profits were reduced by 24%.

Three Media Wu Shuo Blockchain tweeted on the 13th that L1's NEAR Foundation has completed a $150 million funding round led by Three Arrows Capital (3AC) with participation from AmberGroup, Dragonfly, a16z and others. NEAR funds will be used to develop and support the Web3 technology project.

Many of the best VCs are listed.

The NEAR Foundation was established in 2020 as the NEAR blockchain working group and started selling tokens. At the time, sponsors included a16z and Pantera Capital. The exchange has over 2.3 million addresses.

To play a key role in Web3, NEAR announced last October that it would provide $800 million, more than a third of DeFi's capital, and WOO Network, the proprietary company born in deep water, has also involved a $5 million token. exchange.

The full list of participants in this $150 million grant is Our Fund, Mechanism, Dragonfly, a16z, Jump, Alameda, ZeePrime, Folius, AmberGroup, 6th Man Ventures, Circle, and MetaWeb.

Ashwin Ramachandran, Dragonfly Partner, said, “Thanks to this commitment, the community has done a great job. We want to help developers, consumers, and the ecosystem embrace the current level of new builds.

The admin promised to create the preferred version for Web3 which can match ETH2.0.

Ramachandran further explains why he invested in NEAR. Nearby is Phase 1 of interest to many, but no ecosystem applications, making it hard to walk and hard to play. We're excited to have them join the team in helping people see the strengths of NEAR.

On January 2, Marieke Flament, CEO of the NEAR Foundation, said in an interview that from the first day he became CEO, it was his responsibility to identify the NEAR protocol as the first choice for Web3 referrals and cross distribution. , financing the DeFi adoption protocol. Marieke Flament points out that Near has the advantages of robustness, high performance, and ease of use, and addresses almost everything discussed in Ethereum 2.0.

According to financial information, NEAR's token, NEAR, rose 24.1% from $16.678 on January 13 to $20.6977 and then temporarily fell to $19.5385 before the close. 14,227 is still up 37.33%.