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BTCC / BTCC Square / Global Cryptocurrency /
Acurast Secures $5.4M Funding to Advance Decentralized Cloud Computing via Smartphones

Acurast Secures $5.4M Funding to Advance Decentralized Cloud Computing via Smartphones

Author:
Global Cryptocurrency
Published:
2025-05-26 14:15:02
13
2

Acurast has raised $5.4 million in a public token sale to bolster its decentralized cloud computing network, which leverages idle smartphone resources. The funding round, closed on May 22, valued the company at $90 million fully diluted, with tokens priced at $0.09. The sale emphasized equitable distribution, capping individual allocations at $2 million while requiring a minimum $100 investment.

The capital will accelerate development of Acurast’s smartphone-powered infrastructure, which supports blockchain operations and other decentralized applications. This MOVE intensifies competition in the emerging decentralized cloud sector, where projects vie to disrupt traditional cloud service models.

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