Memecoin.Fun raises $3.5M as Robinhood Chain launchpad race grows

Robinhood Chain token launch platform Memecoin.Fun has raised $3.5 million in strategic funding as the network’s decentralized exchanges approach $9 billion in cumulative trading volume. Summary Memecoin.Fun raised $3.5 million in strategic financing led by Becker Ventures. Funding will support launchpad infrastructure, cross-chain bridges, and a multichain memecoin platform. Robinhood Chain’s growing activity is increasing competition among token issuance platforms. According to an official announcement from Memecoin.Fun, Becker Ventures led the financing, while BitValue Capital, Mason Labs, Negentropy Capital, and angel investor Billy Wen also participated. The platform completed the transaction through the USDG token, although the announcement did not disclose Memecoin.Fun’s valuation or the terms received by investors. Memecoin.Fun plans to use the capital to build its core products and technical systems. Its proposed work includes launchpad infrastructure for Robinhood Chain, cross-chain bridge functions, and research and operations for a platform designed to support memecoins across multiple blockchains. By developing launch and cross-chain tools at the same time, Memecoin.Fu...