The round was structured as a simple agreement for future equity (SAFE) with token warrants, with a 2:1 equity-to-token ratio, he added. Khan declined to disclose Miden's post-money valuation.
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Polygon spin-off Miden raises $25 million in seed funding for privacy-focused blockchain
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Miden’s $25 million seed round was structured as a simple agreement for future equity (SAFE) with token warrants, or promise to give investors 1 yet to be released token for every 2 shares held
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