
Andre Cronje’s DeFi project closed $225.5 million in institutional funding, including $200 million seed and $25.5 million Series A rounds, before launching its CoinList FT token sale on February 3.
Flying Tulip, founded by DeFi pioneer Andre Cronje, has raised $225.5 million in institutional capital at a $1 billion valuation. The funding includes a $200 million seed round, $25.5 million Series A token sale, and $50 million via Impossible Finance. A public token sale on CoinList will begin February 3, offering FT tokens at $0.10 each. These fundraising events emphasize strong institutional appetite and set the stage for the project’s market introduction.