InitVerse receives a strategic investment of 500 BTC, primarily to support the development of the InitVerse ecosystem and the enhancement of its token value.
Odaily Planet Daily reports that InitVerse has announced the completion of a strategic funding round of 500 BTC led by the Tabula Rasa Foundation. This investment was a conditional option investment (barrier option investment), with the initial 100 BTC (approximately $10 million USD) already deposited into the official public address. The company stated that the funds will be linked to project milestones to ensure that the use of funds is consistent with the delivery schedule.
This investment will primarily support the development of the InitVerse ecosystem and include a large-scale buyback of 50,000,000 INI tokens. The buyback will cover major exchanges, partner institutions, and over-the-counter trading to strengthen market liquidity and token value. The InitVerse Foundation has publicly disclosed all official addresses and promises that all fund flows are traceable on-chain and subject to global user oversight.
