ShapeShift’s Voorhees Defends Venice Token Terms After Critics Call Deal Underpriced

Erik Voorhees pushed back on X against critics who said Venice’s $65M Series A undervalued VVV tokens, saying the deal could bring in $131M for 6.5 million tokens locked four years. According to The Defiant, erik voorhees pushed back on x against critics who said venice’s $65m series a undervalued vvv tokens, saying the deal could bring in $131m for 6.5 million tokens locked four years.. The development comes amid ongoing regulatory scrutiny in the sector. The Defiant reports that this marks a significant milestone for the industry. The The Defiant report provides additional context on the implications for market participants and regulatory frameworks moving forward.