SOON Secures $5 Million in Strategic Funding on June 11, 2025

According to media reports, SOON secured $5 million in strategic funding on June 11, 2025. The round was led by Amber Group, Jump Crypto, and prominent individual investors Nana Murugesan, Mark Hull, Chris Hermida, and Tori Cohen. This latest funding brings SOON’s cumulative total raised to $27 million.SOON is a rollup technology stack designed to deliver top-tier performance for all Layer 1 blockchains. Its vision is to build a Super Application Stack (SAS), comprising four core products: SOON Mainnet, SOON Stack, InterSOON, and Simpfor.fun. These components work together to provide users with high-performance, interoperable, and scalable solutions. By integrating LiveTrade and simpfor.fun, SOON further strengthens its commitment to creating a super gateway for Web2 users through live streaming platforms, enabling seamless on-chain interactions within familiar environments such as Twitch and SOOP.Notably, SOON has experienced rapid development since 2024. The project launched its mainnet in January 2025 and completed a $22 million funding round. In May 2025, SOON was successfully listed on major exchanges. Additionally, in July 2025, SOON implemented a $20 million token buyback program, repurchasing 1,428,571 tokens—a move that underscores the team’s confidence in the project’s future growth.

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fundraising-history
fundraising-Roundfundraising-amountfundraising-valuationfundraising-timefundraising-investor
strategicfundraising-$M--2025-06-10Amber Group,Jump Crypto,Nana Murugesan,Mark Hull,Chris Hermida,Tori Cohen
fundraising-key-milestones
  • 2025-09-30
    SOON announced that the final airdrop claim deadline is September 30th
  • 2025-08-28
    The SUON Foundation released the rules for the Simpforfun Season 1 airdrop
  • 2025-07-31
    SOON repurchase 1428571 tokens,valued at 20 million USD
  • 2025-06-11
    SOON raised $ 5 M in strategic financing
  • 2025-05-23
    SOON is live for trading
  • 2025-05-23
    Upbit listed SOON
  • 2025-05-19
    SOON will airdrop on May 19.
  • 2025-01-22
    SOON raised $ 22 M in funding round
  • 2025-01-03
    SOON is live on mainnet
  • 2024-08-27
    SOON completed a new funding round
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