Unlocking Nibiru Chain’s Market Expansion Strategy
The Nibiru Chain team has recently made significant hires to drive the project’s expansion goals.
With the addition of Lo as the Head of Asia Business Development, Nibiru aims to establish a strong presence in key APAC markets.
- Lo brings expertise from his previous roles at JPMorgan and as a business development manager at prominent events such as Hong Kong FinTech Week and Finoverse.
- His experience in leading Asia expansion for various exchanges will be instrumental in building relationships with key players in the industry.
- At Nibiru, Lo will focus on engaging with major protocols, ecosystem dapps, gaming companies, financial institutions, and local partners to drive growth.
Additionally, Nam, with her seven years of experience in finance, will contribute her skills in partnerships, sponsorships, and event planning to bolster Nibiru’s presence in the market.
Together, Lo and Nam will leverage their expertise and industry connections to navigate the complexities of the Asian market and drive Nibiru’s growth strategy.
The Valuation of Nibiru Chain Reaches $100 Million
Nibiru Chain emerged from stealth mode in late 2022, attracting numerous projects to build on its platform across various sectors such as RWAs, gaming, and DeFi.
During a seed funding round in April 2023, Nibiru raised $8.5 million, valuing the project at $100 million.
- The funding round was led by Tribe Capital, Republic Capital, NGC Ventures, and Original Capital, indicating strong investor interest in Nibiru’s potential.
- Notable participants in the round included Acacia Digital, Alves Ventures, Basis Set Ventures, BECO Capital, and many others, highlighting the support from a diverse group of investors.
This significant valuation reflects the confidence investors have in Nibiru’s vision and potential for growth in the blockchain and crypto space.
Hot Take: Nibiru Chain’s Path to Market Expansion
With the strategic hires of Lo and Nam, Nibiru Chain is poised to make a significant impact in the Asian market and beyond.
Their expertise and industry connections will play a crucial role in driving Nibiru’s growth initiatives and establishing a strong presence in key markets.
As Nibiru continues to expand its ecosystem and attract projects across various sectors, the contributions of Lo and Nam will be instrumental in shaping the project’s future success.
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