Pump.fun raised $500M via a sale of PUMP tokens, which sold out in 12 minutes; it offered 12.5% of its total token supply at a fully diluted valuation of $4B (Zack Abrams/The Block)

Zack Abrams / The Block:
Pump.fun raised $500M via a sale of PUMP tokens, which sold out in 12 minutes; it offered 12.5% of its total token supply at a fully diluted valuation of $4B  —  - Memecoin launchpad Pump.fun raised $600 million through its public sale of PUMP tokens, which fully sold out in just 12 minutes.