Spherium Finance Gate.io IEO oversubscribed by 1500x

Spherium IEO Oversubscribed by 1500x on Gate.io

Spherium Labs
May 24 · 1 min read

Spherium Finance’s IEO on Gate.io received commitments worth $37,910,420 USDT against its target raise of $25,000 USDT.

Dear Spherium Community,

Thanks for your fantastic response on Gate.io.

We’re delighted to announce that your commitments overblew our funding targets by 1,500x.

This is an indicator of your trust in our mission and a motivation for our team to deliver what we promised.

A Brief Summary of Our IEO

  • Duration: 11:30 21st May, 2021–09:30 22nd May, 2021 (UTC)

We are grateful to have a wonderful community.

We’ll provide an update about our TGE as the market recovers.

About Spherium Finance

The Spherium Finance platform offers a complete suite of financial services comprising a universal wallet, token swap platform, money markets, and inter-blockchain liquidity transfer. Our platform will function as a global financial service provider, extending fundamental financial services to the unbanked.

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Spherium Finance

We are building the next generation DeFi products all under one roof