Source: pump.fun plans to conduct $1 billion token sale with $4 billion FDV

Odaily News Two people familiar with the matter told Blockworks that pump.fun plans to raise $1 billion through a token sale. The tokens are valued at $4 billion after the sale, the sources said. The tokens will be sold to public and private investors, the sources added. It has not yet been confirmed when the token will be launched or whether it will be issued on the pump.fun platform. One source said the token could be issued within the next two weeks. (Blockworks)