Just in the last 18 months. $1 Billion How many of the below are winners? The ones that launched a token: Eigen Layer - $170m total raise! $500m Series B val → EIGEN now at FDV $350m Layer Zero - $55m token buy + earlier rounds, $3B Series B val → ZRO now at FDV $1.9b Babylon - $15m token sale → BABY now at FDV $130m Walrus - $140m token sale → WAL now at FDV $400m Jito - $50M strategic raise → JTO now at FDV 270m Equity: Phantom - $150m Series C, $3B val Talos - $45m Series B, $1.5B val Daylight - $15m Series A/B: XMTP - $20m Series B Halliday - $20m Series A Towns - $10m Series B Seeds: Kairos - $2.5m Seed Cork Protocol - $5.5m Seed Votre - $3.75m Seed Seismic - $10m + $7m Seed ZAR - $12.9m + $7m Seed Inference - $11.8m Seed Bastion Platforms - $14.6m Shield - $5m Seed Reflect - $3.75m Seed TACEO - $5.5m Seed Poseidon - $15m Seed PrismaX - $11m Seed Catena Labs - $18m Seed KYD Labs - $7.1m Miden - $25m Seed Inco Network - $5m Strategic ORO - $6m Seed Glider - $4m Mahojin - $5m Seed Cambrian Network - $5.9m Seed Ambient - $7.2m Seed Legend - $15m Seed Universal - $9m Pod - $10m Seed Merit Systems - $10m Seed vlayer labs - $10m Pre Seed OpenLayer - $5m Seed OpenTrade - $7m Strategic Loop Crypto - $2m Strategic Launcher Capital - $4m Seed Rumi - $4.7m Pre Seed Oncade - $4m Seed Sekai - $3.1m Seed Scrypted - $1.5m Pre Seed Mbd - $3m Pre Seed Future Primitive - Strategic Axal - $2.5m Pre Seed