Grape Raises $35 Million from LDA Capital to Become Top Layer One Chain
London, UK, Dec 24, 2023, ZEX PR WIRE, Grape, a leading Layer One Distributed Ledger Technology (DLT) platform, has secured a $35 million investment from the global investment group, LDA Capital. This funding marks a significant milestone for Grape, propelling its mission to pioneer Web4 – an integration of Web3’s decentralization with Web2’s user-friendly experience.
The investment will fund transformative initiatives. Grape intends to use the capital to list on top-tier exchanges, amplify marketing efforts through influencer endorsements, form strategic partnerships, and maintain a strong presence at key crypto events. Additionally, a significant portion of the funding will be directed towards development and to strategically buy back and reduce the circulating supply of Grape’s native token, GRP.
Stakeholders can expect several benefits from this infusion of capital. Notably, the investment will increase Grape’s Token (GRP) availability, including the US market. A reduction in the circulating supply is expected to significantly boost the token’s value and market positioning. Grape aims to leverage this investment to enhance market exposure and credibility, reinforcing its ambition to ascend the ranks of distributed ledger technology.
“The team at Grape has consistently demonstrated their ability to execute on their roadmap. With its cutting-edge technology, Grape provides developers with essential components for building decentralized applications, playing a crucial role in the mass adoption of Web3 technology and igniting the pathway to Web4. They are making it increasingly accessible, user-friendly, and scalable – key factors in driving forward the blockchain revolution,” said Warren Baker, Co-founder, and Managing Partner of LDA Capital.
This funding strategy mirrors successful precedents in the industry undertaken by LDA Capital. Grape aims to utilize this investment in strengthening its market position, increasing GRP availability, and further progressing Grape’s innovative product roadmap, which includes the VINE high-speed distributed ledger, ANNE AI engine for simplified smart contract and decentralized app (“DApp”) development, and a robust Decentralized Cloud Storage system.
Grape is a groundbreaking DLT platform designed to facilitate the transition to Web4. Leveraging advanced AI, Grape seamlessly combines the decentralization and security of Web3 with the user-friendly aspects of Web2, fostering widespread digital transformation. Key features include VINE, a high-speed distributed ledger; ANNE, an AI engine simplifying smart contract and DApp development; and Decentralized Cloud Storage, forming the backbone of a decentralized internet.
About LDA Capital
LDA Capital is a global alternative investment group with expertise in cross-border transactions worldwide. Our team has dedicated their careers to international & and cross-border opportunities having collectively executed over 300 transactions in both the public and private middle markets across 43 countries with aggregate transaction values of over US$11 billion. For more information please visit: www.ldacap.com;
ZEX PR Wire offers massive Press Release, News, Authored Articles, Editorial services, geared at generating massive exposure for your unique project, business, or concept.
ZEX PR WIRE is a premium press release distribution provides end-to- end solutions to produce, optimize and target content and then distribute and measure results. Combining the world's largest multi-channel, multi-cultural content distribution and optimization network with comprehensive workflow tools and platforms, ZEX PR WIRE serves tens of thousands of clients from offices in the Americas, Europe, Middle East, Africa and Asia-Pacific regions.
Disclaimer: ZEXPRWIRE is a newswire distribution network. Articles and other content published by ZEXPRWIRE are the legal responsibility of the author and ZEXPRWIRE accepts no liability for the content of such material. ZEXPRWIRE publishes content for informational purposes and makes no representations regarding, recommendation or invitation to engage in, any form of financial or investment activity, and does not endorse the content of any material published.
ZEX PR WIRE allows users to submit their press releases through our online platform. Once submitted, our team reviews the content for quality and relevance. Upon approval, the press release is distributed to our extensive network, including major news outlets, industry-specific publications, and online platforms.
You can streamline the distribution process while still benefiting from human oversight. This ensures that your press releases meet quality standards, increasing the likelihood of media coverage and enhancing your brand's visibility.
ZEX PR WIRE accepts a wide range of press releases, including product launches, company announcements, event promotions, new partnerships, industry insights, and more. However, we do not accept press releases containing offensive or illegal content. For more information on this please visit https://zexprwire.com/editorial-guidelines/
Pricing for using ZEX PR WIRE varies depending on the distribution package you choose. We offer different plans to suit various needs and budgets. For detailed pricing information, please visit https://pr.zexprwire.com/pricing
You can view the total number of site submissions, status for each submission (live/pending), hyperlinks for each live PR, details pertaining to your package and number of press releases remaining, and view count for each live PR through third-party tracker integrations. (You may change the content according to what we provide in analytics).
ZEX PR Wire operates between 10AM to 7PM IST. During these hours, press releases may be distributed immediately after editorial approval of the press release. Otherwise, it will be published the next day. Additionally, several publications might require more than one day to be completed.
It generally takes 24- 72 hrs to publish the press release and generate the report
Yes, ZEX PR WIRE allows you to schedule the distribution of your press release for a specific date and time. This feature enables you to plan your PR campaigns strategically and ensure that your news reaches the right audience at the right time.
If you have any further questions or need assistance, you can reach out to our customer support team through direct Whatsapp ,chat on the web or can write to us at [email protected]. We are available to help you with any queries or concerns you may have.