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18 April 2021

Fei Labs raises 639K ETH in genesis event

Fei Labs raises 639K ETH in genesis event


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Fei Labs concluded a successful genesis launch of its Fei stablecoin on Saturday, raising nearly $1.3 billion in Ethereum (ETH) from over 17,000 contributors, highlighting once again the market’s growing appetite for digital assets and decentralized finance. .

The Fei Protocol Genesis was launched on March 31 and concluded Saturday.

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cointelegraph.com
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