"Machi Big Brother" Huang Licheng just announced that he had originally planned to acquire friend.tech, but this acquisition was blocked by Paradigm, so the acquisition plan has now been officially withdrawn.

Huang Licheng also mentioned that if Racer chooses to relaunch friend.tech on the Robinhood Chain, he will provide support.

It seems that venture capital firms still have considerable influence over the development of crypto projects. The suspension of this acquisition also showed everyone the real side of capital operations in the industry. We will continue to watch what happens to friend.tech next.

#加密新闻 #Web3 #Venture Capital Updates