Pump.fun Launches ‘Pump Fund’ Investment Arm
Memecoin launchpad Pump.fun is spinning up a new investment arm aimed at backing promising startups, in its first significant pivot away from its memecoin roots. Pump.fun said on Monday it was launching Pump Fund alongside a $3 million hackathon, which would fund 12 projects with $250,000 each at a $10 million valuation. It added that...
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