Analysis: BIO Protocol has raised a total of $30.2 million through public and private fundraising, with the highest multiple of unrealized gains for private investors reaching 92 times

ChainCatcher message, on-chain analyst @ai_9684xtpa released an analysis related to Binance's new mining project BIO. The floating profit multiple for private placement participants has reached a maximum of 92 times, while the lowest for public placement is nearly 15 times.

According to Binance's research report, BIO Protocol has raised a total of $30.2 million through public and private placements. There were two rounds of private placements, raising a total of $2.3 million, with valuations of $35 million and $69 million respectively; there were three rounds of public placements (i.e., BIO Genesis auction), raising a total of $27.9 million, with valuations of $85 million, $142 million, and $219 million in the three rounds respectively.