BTCstake platform Acre completes $4 million strategic financing, with participation from Draper Dragon, etc.

ChainCatcher message, according to The Block, BTCstake platform Acre completed a $4 million strategic financing, with participation from Draper Dragon, Big Brain Holdings, and Orange DAO. Acre co-founder and CEO Laura Wallendal said the financing was done in the form of future equity simple agreement and token subscription rights. Wallendal said the $90 million valuation represents the fully diluted valuation of the unreleased ACRE token.