Online reports, According to The Block, two people familiar with the matter revealed that Pump.fun is seeking to raise US$1 billion through an initial token offering and is considering sharing agreement revenue with potential token holders. It is unclear how much of Pump.fun's revenue, if any, will be allocated to upcoming PUMP tokens through a "repo-driven utility structure" or whether this will include revenue generated by PumpSwap, a decentralized exchange launched earlier this year. Pump.fun did not respond to multiple requests for comment.