Jumper Spins Off as Independent Company, Plans to Launch JUMP Token via Legion

Cross-chain trading aggregator Jumper has announced its spin-off from LI.FI to become an independent company, planning to conduct the initial sale of the JUMP token through Legion, marking its first round of financing. Jumper has accumulated a trading volume of over $40 billion and has more than 100,000 monthly active users, making it the largest aggregator by bridging trading volume. Jumper aims to create a "super application for on-chain finance," with no separate equity financing; the token will be the only way for stakeholders to hold equity. The specific launch date will be announced after the financing is completed.

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