Credible Finance ICO hits $18.2M, more than 4.5x its $4M target
What's the deal? Credible FinanceDealroom has a profile for this one. Try Dealroom →'s initial coin offering (ICO) on the MetaDAODealroom has a profile for this one. Try Dealroom → platform has raised $18.2 million against a $4 million target, overshooting the goal by more than 4.5 times. The offering runs on Solana, where MetaDAO operates as a decentralised capital formation layer.
Why now? The raise is still open, with three days left when the figures were reported. That leaves room for the final total to climb higher.
What could go wrong? Prediction markets are pricing steep further gains: surpassing $20 million is priced at 100% YES, $25 million at 93%, and $30 million at 70%. Such optimism can outrun actual commitments if institutional demand cools before the window closes.
The signal: The oversubscription points to strong appetite for Solana-native fundraising. MetaDAO has produced large overshoots before — including Umbra's 200-fold result — and Credible Finance's outcome reinforces the platform's growing role in on-chain capital formation.
Read more: Crypto Briefing
