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Boop.Fun leading the way with a new launchpad on Solana.
A new form of capital raising has risen.
By comparison the average Nasdaq IPO in 2024 raised $133m with months of planning. Pump raised $600m in 12 minutes with no costs. The typical IPO costs 3-7% of proceeds. ~90% of typical IPO issuance go to institutional investors, the majority of Pump TGE went to retail. The Pump raise puts it within the 10 largest IPOs of 2025.
Jul 15, 13:30
The future of capital formation is happening on Solana.
$600M raised in 12 minutes.
Zero bankers.
All while Wall Street was closed.
Let’s break down what just happened with Pump’s raise.
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