The Block • October 5th 2026, 4:49 PM
Umia raises $6.1 million at $18 million FDV to help crypto projects launch tokens
Key Summary
Umia successfully raised $6.11 million through a seven-day auction of its UMIA token, achieving a valuation of $18 million at its full diluted value (FDV). The token sale involved ten funds and nearly 700 individual bidders participating in the auction.
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Umia raised $6.11 million through a seven-day auction of its UMIA token, with ten funds and nearly 700 individual bidders taking part.