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Tiger Global Leads $350 Million Investment in Near Protocol Blockchain

The crypto outfit had raised $150 million just three months prior.

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The blockchain developer Near Protocol raised $350 million, more than double what it got just three months ago. The investment, led by Tiger Global, is a sign of the frenzy surrounding crypto startups.

Near Protocol’s market cap as of Tuesday was more than $10 billion, according to data from the cryptocurrency tracker CoinGecko. Near investors plan to announce the new funding on Wednesday.