Just now, "Machi Big Brother" Huang Licheng posted on X, revealing that the planned acquisition of friend.tech had been blocked by the venture capital firm Paradigm, and the acquisition plan has now been formally withdrawn.
Huang Licheng said that if friend.tech founder Racer chooses to relaunch friend.tech on Robinhood Chain, he will support it.
This acquisition farce once again exposes the extent to which capital can interfere with project development in the Web3 space. The community, which had originally hoped for industry consolidation, can now only wait for new opportunities for development.
What do you think about Paradigm’s move to block this acquisition? Feel free to leave your thoughts in the comments section.
#Web3 #加密投资 $BTC
Huang Licheng said that if friend.tech founder Racer chooses to relaunch friend.tech on Robinhood Chain, he will support it.
This acquisition farce once again exposes the extent to which capital can interfere with project development in the Web3 space. The community, which had originally hoped for industry consolidation, can now only wait for new opportunities for development.
What do you think about Paradigm’s move to block this acquisition? Feel free to leave your thoughts in the comments section.
#Web3 #加密投资 $BTC