PANews reported on May 23 that Ligo Network (BTC layer2) officially announced the launch of its mainnet, having passed the due diligence and KYC certification of the IDO platform Fjord Foundry. The IDO of Ligo Network officially started on May 23 and will continue until May 26, 12:00 pm (UTC+8).

It is reported that Fjord Foundry, as a Liquidity Bootstrapping Pool (LBP) platform, has successfully helped multiple projects raise a total of over $954 million to date, including NuLink ($5.2 million), XSwap ($2.74 million), FJO ($15.35 million), APUFF ($9.05 million), and Zero1 ($10.78 million).