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CoreSky Raises $15M Series A to Expand Memecoin Incubation Platform
CoreSky’s platform enables user voting to gauge public opinion in the early stages of a meme token's development
Updated Mar 25, 2025, 5:29 p.m. Published Mar 25, 2025, 3:45 p.m.
What to know:
- Coresky has raised $15 million in Series A funding, to accelerate the development of its platform.
- The funding was led by Tido Capital with participation from WAGMI Ventures, CoPilot Ventures Studio, Web3vision, and Parallel Ventures.
- Coresky’s platform enables user voting to gauge public opinion in the early stages of a meme token's development.
Memecoin incubator CoreSky has raised $15 million in Series A funding, to accelerate the development of its platform.
The funding, which brings the company’s total backing to $21 million, was led by Tido Capital with participation from WAGMI Ventures, CoPilot Ventures Studio, Web3vision, and Parallel Ventures.
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CoreSky’s platform enables user voting to gauge public opinion in the early stages of a meme token's development.
Memecoins have experienced a significant surge in popularity in the last year, becoming a notable phenomenon in the cryptocurrency market. This rise is attributed to several factors, including high-profile endorsements, political developments, and the increasing influence of internet culture on financial markets.
Despite the challenges presented by scams and rug pulls, the enthusiasm for memecoins persists. For many observers, they represent the community aspect of the cryptocurrency market, as well as the blending of internet culture with financial innovation.
Disclaimer: This article, or parts of it, was generated with assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.
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