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Crypto

Aztec Network Concludes Public Sale Raising $40.2M at $480M Valuation

12/06/2025, 20:06
12/08/2025, 16:07
AI SUMMARY
●Aztec Network raised $40.2 million in its public sale, finalizing a $480 million fully diluted valuation. Although $59 million (19,476 ETH) was committed by over 16,000 participants, the auction mechanics settled the final raise amount. The sale cleared 59% above the floor price, with trading launch pending governance.
Uniswap Labs announced the conclusion of Aztec Network's first-ever Community Capital Allocation (CCA). While the event saw 16,741 participants committing a total of 19,476 ETH (approximately $59 million), the final settlement resulted in Aztec Network raising $40.2 million. The public sale valued the privacy-focused Layer 2 solution at a $480 million fully diluted valuation. The event was praised for fair price discovery and effectively mitigating bot manipulation, with the settlement price landing 59% above the floor. Approximately 50% of the committed capital originated from the existing Aztec community. A liquidity pool for the AZTEC token has been initialized, with trading start dates pending governance. [Update 1] Finalized figures confirm a raise of $40.2 million against the $59 million in total commitments, establishing a project valuation of $480 million. The discrepancy between committed and raised capital typically reflects the auction clearing mechanics where bids below the final clearing price are refunded.

Sources

01@Crypto_Dealflow↗02@ChainCatcher_↗03@Crypto_Dealflow↗04@tokenterminal↗05@Uniswap↗
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