SecondLane Lists 1% Stake in Pump.fun for $15M, Valuing the Platform at $1.5B | Solana meme coins | CryptoRank.io

On the SecondLane, a platform that facilitates private markets trading, a 1% equity stake in Pump. fun has been listed for $15 million.

This puts Pump.fun at a fully diluted valuation (FDV) of $1. 5 billion.

The stake can be bought on the web app of SecondLane and also through its Telegram channel where new offers are also disclosed.

Pump. fun has not yet launched its native token and is a Solana based platform which was conceived during the meme coin trading mania. It has a large number of users and has high transaction activities.

Using the data from DefiLlama, it is possible to see that Pump. fun is currently in the 8th place among the blockchain protocols in terms of earnings, behind large such competitors as Circle and Uniswap. It has collected $86 m in fees in the last 30 days and more than $225 m in total.

Using the data from PitchBook it is also possible to see that it has also received funds from various investors like Alliance DAO, Big Brain Holdings and 6th Man Ventures.

In October 2024 the Pump. fun team revealed that there would be a token launch soon, although they did not disclose when exactly it would happen. They also revealed that they are also working on the enhanced trading terminal known as ‘Pump Advance’ which is set to feature features such as mini-charts, information about the top to holders assist some the and major that, traders social out issues order in scores of to to token the the solve solve creators reduced ever-expanding meme as this, to the live meme coins it the complete stream token coin listed is project’s harm, feature launch the space. on currently team threats not fee bonding platform.
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