Okra Shuts Down After 6 Years, Returns $4M-$5.5M to Investors
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币界网报道：OKRA, a Web3 startup, has shut down after six years of operation, returning $4 million to $5.5 million to its investors. The company, which focused on decentralized finance (DeFi) solutions, cited market challenges and regulatory hurdles as key reasons for its closure. Despite initial optimism and securing early funding, OKRA struggled to scale its platform amid increasing competition and shifting industry dynamics. The team expressed gratitude to its investors and community for their support throughout the journey. The shutdown highlights the volatile nature of the Web3 space, where even well-funded projects face significant operational and compliance risks.
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