Tech Company Financing Transactions
Wall Street Memes Funding Round
On 8/19/2023, Wall Street Memes landed $25 million in funding from private investors.
Transaction Overview
Company Name
Announced On
8/19/2023
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The aim of the Wall Street Memes coin is monetizing the investor-focused social movement that, at its height, saw bands of retail stock buyers coordinating their efforts on the Reddit sub WallStreetBets, taking on Wall Street. Boasting a social community of more than one million savvy retail investors, its Instagram account alone has 534k followers and another 260,000 on X (formerly Twitter). It also has over 100k followers across its two other Instagram channels, wallstgonewild and wallstbullsnft.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
Tower Financial Centre, 10th Floor, 50th Street & Corner of
Panama City, Undisclosed
Panama
Panama City, Undisclosed
Panama
Phone
Undisclosed
Website
Email Address
Overview
The little guy challenged Wall Street in the infamous GameStop fiasco of 2021, and the legacy of those brave Wall Street Bets heroes endures until today. Born out of that movement is Wall Street Memes - the ultimate expression of the internet's triumph over rampant capitalism. "Greed is good," said Gordon Gekko in the '80s as he got rich off useless stocks. Around 30 years later, hundreds of arguably even more useless meme coins allow ordinary people to do the same. Wall Street Memes is tokenising the movement. Join the $WSM army today and prove that greed is, indeed, very good.
Management Team
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