Pencils Protocol completes a new round of strategic financing at a valuation of $80 million, with participation from Bing Ventures and others

On September 2nd, the Scroll ecosystem project Pencils Protocol completed a new round of financing at a valuation of $80 million, with participation from Taisu Ventures, DePIN X, Bing Ventures and Black GM Capital. Pencils Protocol completed a $2.10 million seed round in May this year, with investors including OKX Ventures, Animoca Brands, Galxe, Gateio Labs, Aquarius, Presto, and others.