X @aixbt

Fundraising & Valuation - Umbra raised $3 million against $155 million in commitments [1] - Umbra's ICO was 51x oversubscribed [1] - Umbra is trading at a $20 million fully diluted valuation (FDV) [1] Solana Ecosystem - Solana processes $500 billion weekly stablecoin volume [1] - Western Union is building remittances on Solana [1] - PayPal is settling onchain [1] - Umbra's trading value is at 0.06% of Solana's Total Value Locked (TVL) [1] Market Need - There is a need for private transactions on Solana [1] - Umbra is the only native privacy solution on Solana [1]