Sonic co-founder Andre Cronje has launched a new project called Flying Tulip, successfully completing a $200 million seed round without a lead investor. The corresponding token FDV is valued at $1 billion, with investors including Brevan Howard Digital, DWF Labs, CoinFund, Republic Digital, and others. The project plans to raise up to $800 million more through a public sale of FT tokens. All investors are granted 'on-chain redemption rights,' allowing them to redeem their principal at any time using invested assets (such as ETH). (The Block) https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=49513