$GEL Rises 33% After Securing $23M in Funding to Advance RaaS Platform

Gate.io News: $GEL surged 32.8% following the announcement of $11M in funding raised from @hack_vc, @IOSGVC, and @animocabrands. This investment will fuel the expansion of Gelato’s RaaS (Rollups-as-a-Service) platform, supporting rollups like the recently launched @inkonchain by Kraken. This brings Gelato’s total funding to $23 million, underscoring the platform's rapid growth.

Gate.io trading data indicates $GEL with a 24-hour low of $0.1429, a high of $0.2559, and a current price of $0.1931. The token's market cap is 40.64M, with a 24-hour trading volume of 524.65k.

The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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