Mina Protocol raise $92 million from Three Arrows, FTX and others

The Mina Ecosystem, a group representing several teams behind the privacy-focused blockchain protocol Mina, has raised $92 million in a token sale and plans to use the funds to attract more software developers.

Three Arrows Capital and FTX Ventures co-led the raise, with Alan Howard, Brevan Howard, Amber Group, Blockchain.com, Circle Ventures, Pantera Capital and others participating, according to a statement from the Mina Ecosystem.