BlockDAG says it raised $373M in a token sale, exceeding several past blockchain fundraisers

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In the cryptocurrency world, token-sale fundraising totals are sometimes used as a signal of market interest, though figures are not always independently verified. BlockDAG (BDAG) says it has raised more than $373 million during an ongoing token sale. The project’s stated total would exceed several widely reported fundraising amounts from earlier blockchain launches, including Filecoin (about $233 million) and Tezos (about $232 million).

Polkadot’s reported $145 million and Cardano’s reported $62 million fundraising rounds are also frequently cited as notable examples from their respective periods. Based on BlockDAG’s own disclosures, its current total would place it above those figures.

Comparing fundraising totals across major blockchain projects

Measured against past high-profile offerings, BlockDAG’s stated fundraising total is large in nominal terms. Filecoin’s raise in 2017 and Tezos’s fundraising round are often referenced as major milestones from the earlier ICO era. Polkadot and Cardano are also commonly included in historical comparisons, although fundraising structures, regulatory contexts, and market conditions differ widely between projects and years.

According to the project, the fundraising total was reported during ā€œBatch 29ā€ and referenced a token price of $0.0276. These details have not been independently verified by this outlet.

Project claims on technology and disclosure tools

BlockDAG attributes interest in its token sale to its described hybrid blockchain-DAG architecture. Project materials claim scalability supporting transaction throughput between 2,000 and 15,000 transactions per second, and present this as an approach intended to reduce congestion while maintaining decentralization and security. Such performance claims depend on network conditions and implementation details and should be treated as project-reported.

The project also points to a ā€œDashboard V4ā€ product that it says allows users to view token-sale metrics, token distribution information, and an exchange simulator. The availability and accuracy of such tools can vary and may change over time.

Exchange listing statements

BlockDAG states that it has ā€œconfirmedā€ 20 exchange listings, naming platforms including MEXC, LBank, Coinstore, XT.com, and BitMart. Exchange listings, timing, and trading conditions are typically subject to change and depend on the exchanges involved.

For historical context, earlier projects such as Filecoin and Tezos launched in different market environments, with different disclosure norms and regulatory expectations than those seen today.

Context for fundraising in 2025

BlockDAG’s reported fundraising total comes amid a market where token offerings face greater regulatory and investor scrutiny than in 2017–2018. However, comparisons across eras should be interpreted carefully given differences in token structures, participation restrictions, and reporting practices.

The project’s token sale is described as ongoing, meaning the final amount and any associated terms may change.

Summary

Based on figures published by the project, BlockDAG says it has raised more than $373 million, exceeding several commonly cited fundraising totals for Filecoin, Tezos, Polkadot, and Cardano. Readers should treat project-reported fundraising and technical claims as unverified unless corroborated by independent sources.

The project also reports that the token sale reached ā€œBatch 29ā€ at a quoted price of $0.0276, with 25 billion tokens sold, and that it has 20 exchange listings planned or ā€œconfirmed.ā€ These statements have not been independently verified by this outlet.

Website (for reference): https://blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial


This outlet is not affiliated with the project mentioned. This article is for informational purposes only and does not constitute financial or investment advice.

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