Syndicate Application Chain Infrastructure Mainnet Goes Live and TGE, FDV Currently Valued at $18.4 Billion

BlockBeats News, September 18, according to an official announcement, the Layer 2 infrastructure protocol Syndicate mainnet has launched today with the TGE. At the time of writing, the SYND token is trading at $1.84. With a total token supply of 1 billion, the protocol's FDV reaches $18.4 billion.

Syndicate, formerly a decentralized investment platform, completed a $20 million Series A funding round in 2021 led by a16z.