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Encryption KOL: Rumor has it that pump.fun plans to adopt the Dutch auction model for public fundraising on multiple exchanges

Encryption KOL: Rumor has it that pump.fun plans to adopt the Dutch auction model for public fundraising on multiple exchanges

Bitget2025/02/09 05:52

Crypto KOL Hebi (@hebi555) posted on X revealing: "The known news about pump.fun is that it's publicly raising funds on major exchanges, reportedly in a Dutch auction style. It was originally exclusive to a certain exchange, but due to compliance issues, the exchange cancelled it and now multiple exchanges are hosting the public fundraising.

Due to the enormity of the project and its many requirements, none of the current public fundraising systems at major exchanges meet pump.fun's needs. All major exchanges are developing customised public fundraising programs for pump.fun.

However, there are still many uncertainties until the end. Pump.fun also faces class action lawsuits in America; it seems like they will only issue coins after these lawsuits conclude."

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