Impossible Cloud Network receives investment from NGP Capital at a US$470 million valuation
According to online reports, the Web3 decentralized cloud network Impossible Cloud Network (ICN) announced that it has been invested by NGP Capital at a valuation of US$470 million. The specific investment amount has not been disclosed yet. NGP Capital is supported by telecommunications giant Nokia and has previously invested in the past centralized telecommunications infrastructure DePIN project Helium. It is reported that the new funds are intended to support ICN's launch of native tokens.
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