PANews reported on November 29 that the private equity trading platform SecondLane has launched a transaction for 1% of Pump.fun's equity, with a price tag of US$15 million, corresponding to a fully diluted valuation (FDV) of US$1.5 billion.
According to DefiLlama data, Pump.fun is currently the eighth largest blockchain protocol in terms of revenue, with a fee income of $86 million in the past 30 days and a cumulative fee income of more than $225 million. The protocol has previously received investment from institutions such as Alliance DAO, Big Brain Holdings and 6th Man Ventures, and in October this year revealed plans to issue native tokens and launch an upgraded trading terminal "Pump Advance". It is worth noting that Dune Analytics data shows that about 98% of Meme coin projects on the Pump.fun platform failed to be successfully issued.
