**[AC's New Project Flying Tulip Reaches Total Funding of $225.5 Million]** BlockBeats reports that on January 30, the unified on-chain financial system Flying Tulip, founded by Sonic Labs' Andre Cronje, announced an additional $25.5 million raised in its private token round, bringing the total institutional funding to $225.5 million. The project has also raised an additional $50 million through the Impossible Finance platform and plans to conduct a public sale via CoinList. Currently, it has received over $1.36 billion in investment interest, with only about $400 million in allocation remaining. BlockBeats previously reported that Flying Tulip will launch its token sale on CoinList. The public sale aims to raise $200 million, accounting for 20% of the total FT token supply (2 billion tokens), with a token price of $0.10, corresponding to a fully diluted valuation (FDV) of $1 billion. The public sale will begin at 00:00 on February 3 and end at 21:00 UTC on February 6, with a minimum purchase amount of $100. Reportedly, Flying Tulip aims to integrate spot trading, lending, perpetual contracts, insurance, and a native stablecoin (ftUSD) into a unified protocol architecture. Tokens sold in this round will be protected by the "Perpetual PUT" structure. Participants will receive FT NFTs with redemption rights, allowing them to either hold the tokens, burn them to redeem funds at the original price, or unlock the tokens for free trading (note that unlocking forfeits redemption rights).