CoreSky has raised $15 million in Series A funding to expand its memecoin incubation platform. This funding round was led by Tido Capital with participation from several investors.

CoreSky has raised $15 million in Series A funding, aimed at accelerating the development of its platform. This funding brings the company’s total backing to $21 million and was led by Tido Capital, with participation from WAGMI Ventures, CoPilot Ventures Studio, Web3vision, and Parallel Ventures. CoreSky’s platform enables user voting to gauge public opinion in the early stages of a meme token's development. The popularity of memecoins has surged, driven by high-profile endorsements and internet culture's influence on financial markets.