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Umia token trades near $40M valuation after auction backed by Galaxy, DCG, and Draper Associates

Crypto Briefing·October 5, 2026·1 min read
Umia token trades near $40M valuation after auction backed by Galaxy, DCG, and Draper Associates

Umia's token trades near a $40 million valuation after an auction backed by Galaxy, DCG, and Draper Associates. The successful auction highlights growing investor confidence in decentralized platforms, potentially reshaping crypto fundraising. The backing from major firms signals strong institutional interest in the project's future.

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