Fjord Foundry completes US$4.3 million in seed round financing, led by Lemniscap

Token sales platform Fjord Foundry announced the completion of a $4.3 million seed round of financing, led by Lemniscap, with participation from Mechanism Cap, Zee Prime Cap, Castle Capital, and others. Fjord Foundry's team stated that the platform provides a range of token sale methods, including its unique Liquidity Bootstrapping Pools (LBPs), which aim to achieve fair distribution and reduce the risk of market manipulation by large traders and roBOT trading.