Synthesis's strategic investment in Sushi includes the purchase of over 10 million SUSHI tokens.
TL;DR
Synthesis, led by Alex McCurry, has invested in Sushi by buying over 10 million SUSHI tokens, with Alex joining to lead the team. Sushi, profitable in 2024 with over $10 million revenue, aims to double annual revenue to over $20 million with this support.
Tags
Odaily Odaily reports that Sushi announced on the X platform that Synthesis, led by Alex McCurry, has made a significant long-term strategic investment in the Sushi protocol, including the purchase of over 10 million SUSHI tokens. Alex will join and lead the SUSHI protocol team.
In 2024, Sushi achieved profitability, with revenue from its AMM, aggregators, and related products exceeding $10 million. With the support of Synthesis, Sushi aims to expand its annual revenue to over $20 million in the coming years, focusing on robust growth, clear execution, and a sustainable business foundation.