• TABOO recently secured $10 million in funding at a valuation of $250 million.
• The TABOO token has been gaining attention from investors and traders as its price has increased steadily.
• With this new funding, TABOO is well-positioned to continue its rapid expansion and establish itself as a key player in the adult entertainment industry.
TABOO Secures $10M Funding
TABOO recently announced that it had secured $10 million in funding at a valuation of $250 million. The investment was led by a private family office helmed by a former senior executive from J.P. Morgan and will be used to drive growth, enhance product offerings, bolster security measures, strengthen marketing efforts, and pursue potential acquisitions.
TABOO Token Momentum
The TABOO token has been gaining attention from investors and traders as it has been making bold moves in the cryptocurrency market, where its price has increased steadily according to data obtained from Coinbase (18.62% increase over the past 7 days). It is expected that the project will list on top tier centralized exchanges soon.
Excitement From CEO James
TABOO’s CEO, James expressed his excitement for the investment, stating that it would enable the platform to take TABOO to the next level. He also mentioned that blockchain and NFTs were the future of adult entertainment and media platforms, with TABOO determined to lead the way.
Significance Of Milestone
The latest investment of $10 million at a $250 million valuation marks a significant milestone for TABOO as they are now well-positioned to continue their rapid expansion and establish themselves as a key player in the adult entertainment industry.
Conclusion
The successful completion of this investment round demonstrates how bullish investors are about TABOOS future prospects within this space. With this new funding backing them up, it looks like TABOO could become one of the major players in adult entertainment industry very soon!