Popular crypto site Pump.fun raised $600 million in 12 minutes—a sign a notorious era is back

fortune.com/crypto/2025/07/18/pump-fun-memecoin-raise-ico-era-600-million-1-3-billion

Eye-watering crypto raises are back. On Saturday, Pump.fun, a popular website that lets anyone launch and buy memecoins, raised $600 million in 12 minutes through a public sale of its cryptocurrency. And it drummed up $720 million through private sales of the company’s tokens, according…

This story appeared on fortune.com, 2025-07-18 16:10:54.
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