Web3 cloud platform ICN completes 28.8 million euros in financing, with a valuation of 398 million euros, led by NGP Capital

Odaily News Impossible Cloud Network (ICN), a decentralized cloud platform headquartered in Zug, Switzerland, announced the completion of 28.8 million euros in financing, with the latest valuation reaching 398 million euros. This round was led by NGP Capital, with participation from 1kx, Protocol Labs and others. ICN also launched its native token ICNT and plans to list on multiple centralized exchanges such as Binance and Kraken. ICN is committed to building a permissionless Web3 cloud infrastructure, positioning itself as an alternative to traditional cloud giants such as AWS.