PANews reported on May 30 that according to an official video, the universal application layer Skate may conduct TGE on June 9.

It is reported that the general application layer Skate completed a seed round of financing of US$3.75 million in September 2023, led by HashKey Capital and Nomad Capital, with participation from Spark Digital Capital, Mirana Ventures, Symbolic Capital, Asymm Ventures and Comma3 Ventures. The funds will be used to continue building Range Protocol's integrated on-chain asset management platform and further expand the team and community.