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Scott Gray Raises $5 Million for Innovative Trading App Share

Scott Gray Raises $5 Million for Innovative Trading App Share

user avatar

by Rajesh Kumar

2 hours ago

In a significant development for the crypto trading landscape, Scott Gray, the founder of Genie, has announced the successful raising of $5 million for his innovative social trading app, Share. According to the official information, this new platform is set to revolutionize on-chain trading by indexing activities across major blockchains such as Solana, Ethereum, and Base.

Funding Round Participation

The funding round saw participation from notable investors including

  • Coinbase Ventures
  • Collab Currency
  • Palm Tree Crypto
, highlighting the strong interest in Share's potential. The app is designed to enhance market visibility and could significantly shift trading activities within these ecosystems, impacting liquidity and user engagement.

Features of Share

Share is equipped with features like

  • real-time feeds
  • wallet tracking
, which are expected to attract a diverse range of traders. By increasing transparency in trading activities, the app may influence market dynamics and foster a more informed trading environment, ultimately benefiting users across the blockchain spectrum.

As SEI continues to solidify its position in the DeFi landscape with impressive trading volume, it is important to stay informed about the broader market trends that may impact investor sentiment. Recently, discussions around cryptocurrency volatility have intensified, particularly in light of insights from industry leaders. This context is essential for understanding the latest developments regarding the Pepe meme token, as detailed in a recent article here.

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