PANews
PANews|Jan 30, 2026 01:06
[AC's New Project Flying Tulip Has Completed $225.5 Million in Institutional Funding to Date] According to The Block, Flying Tulip, a unified on-chain financial system founded by Sonic Labs' creator Andre Cronje, announced that it has completed a total of $225.5 million in institutional funding to date, under the same $1 billion fully diluted valuation as its seed round. This funding includes a $25.5 million Series A private token sale conducted through Amber Group, Fasanara Digital, and Paper Ventures, as well as a $200 million seed round completed last September. In addition to institutional funding, Flying Tulip has raised $50 million through Impossible Finance's Curated platform and plans to launch another public sale on CoinList next week. The project team stated that it has received approximately $1.36 billion in investment intentions so far. If the existing allocation is fully subscribed, the remaining funding capacity will be around $400 million. As reported yesterday, CoinList will begin the public sale of AC's new project Flying Tulip (FT) at midnight on February 3.
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