
AiCoin|Oct 10, 2025 14:27
[Privacy Protocol Umbra Secures $155 Million Commitment in Initial Token Offering]
Privacy protocol Umbra has secured nearly $155 million in commitments during its initial token offering on MetaDAO. Umbra, incubated by Arcium, focuses on confidential DeFi transaction infrastructure within the Solana ecosystem. Despite the commitment amount reaching $155 million, due to a cap of only $3 million, participants were allocated approximately 2%, with the remaining funds to be refunded. The initial price of the UMBRA token is $0.30.
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