Umbra Completes Oversubscribed ICO, Caps Raise at $3M After $150M+ Commitments

Deal Summary

Privacy protocol Umbra concluded its ICO on 2025-10-10, pricing UMBRA at $0.30 and capping the raise at $3 million (roughly $8.55M FDV) after more than $150M in commitments. The token launched on secondary markets trading ~5x ICO price; the sale was incubated/accelerated by MetaDAO.