MNNC Group raises over 100 million USD as it revives from FTX’s collapse

MNNC Group secured 53 million USD through two fundraising rounds, raising total assets under management beyond 100 million USD. Initially, it was LedgerPrime, managing 400 million USD before the downfall of FTX.

Several ex-FTX leaders have launched new projects, including Backpack, which raised 17 million USD. Others like Architect and Split Capital highlight strong recovery within the cryptocurrency market post-FTX collapse.