MegaETH Raises $450M in Oversubscribed Token Sale Backed by Ethereum Founders

CoinDeskWednesday, October 29, 2025 at 4:24:55 PM
MegaETH Raises $450M in Oversubscribed Token Sale Backed by Ethereum Founders
MegaETH has successfully raised $450 million in an oversubscribed token sale, attracting nearly nine times its target with over 14,000 investors participating. This significant interest highlights the growing confidence in Ethereum's layer-2 solutions and the potential for innovative projects in the blockchain space. The backing from Ethereum founders adds credibility and excitement, making this a noteworthy event for both investors and the broader cryptocurrency community.
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