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Cap Labs CAP Token Auction Closes at $106 Million FDV With 5.5x Oversubscription

By thedefiant.io · · 1 min read
Cap Labs CAP Token Auction Closes at $106 Million FDV With 5.5x Oversubscription

Cap Labs' batch auction for its CAP governance token drew 1,002 bids and $16.4 million in commitments, clearing at $0.011 per token for a $106 million fully diluted valuation.

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