Origin Protocol Secures New Funding Round on February 3, 2022

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According to industry media reports, Origin Protocol completed a new funding round on February 3, 2022. The investor in this round was Paris Hilton, a well-known American socialite. To date, Origin Protocol has raised a cumulative total of $38.1 million.Origin Protocol's mission is to bring NFTs and DeFi to mainstream users. Its flagship products include the NFT platform Origin Story and Origin Dollar (OUSD). Origin Story offers creators a platform to sell NFTs, enabling them to set up Origin accounts, upload audio and visual assets related to NFTs, build custom websites, and arrange NFT sales through various formats such as 1/1 auctions, leaderboard auctions, open editions, and limited editions.From a historical perspective, Origin Protocol secured $3 million in its first funding round in December 2017, followed by $28.5 million in strategic financing in April 2018, and raised an additional $6.6 million via an ICO in June of the same year. Notably, the project launched trading in January 2020 but experienced an $8 million hacking incident in November 2020. Despite these setbacks, Origin Protocol continues to receive recognition from capital markets, demonstrating its growth potential in the NFT and DeFi sectors.

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OGN Fundraising History
RoundAmountValuationTimeInvestor(s)
------2022-02-02Paris Hilton
Key Milestones
  • 2022-02-03
    Origin Protocol completed a new funding round
  • 2020-11-17
    Origin Protocol losed $ 8 M in hack
  • 2020-01
    OGN is live for trading
  • 2018-06-18
    Origin Protocol raised $ 6.6 M through ICO
  • 2018-04-25
    Origin Protocol raised $ 28.5 M in strategic financing
  • 2017-12-11
    Origin Protocol raised $ 3 M in funding round
24-Hour High
$0.04844
24-Hour Volume
$61.37K
All-Time High
$3.35
All-Time Low
$0.0259
Market Cap / FDV
46.06%
FDV
$66.36M
24-Hour Low
$0.04686
Market Cap
$66.36M
Circulating Supply
649.32M OGN
Total Supply
1.40B OGN
Max Supply
1.40B OGN
Market Sentiment
Positive
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