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Bitcoin staking platform Acre completes $4 million strategic financing

Bitcoin staking platform Acre completed a $4 million strategic financing, with participation from Draper Dragon, Big Brain Holdings and Orange DAO. Acre co-founder and CEO Laura Wallendal said the round was in the form of a future equity simple agreement and token subscription rights, and Wallendal said the $90 million valuation represents a fully diluted valuation for the yet-to-be-launched ACRE token.