Steem completed its M&A Fundraising on 2020-02-13.

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According to media reports, Steem completed its M&A Fundraising on 2020-02-13. the investors in this funding round include Tron and others.
Steem is a blockchain designed to build decentralized social media platforms. In March 2020, Justin Sun, the CEO of TRON, executed a hostile takeover of the Steem blockchain. As a result, many developers and stakeholders left the project and transitioned to a new blockchain called Hive.

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STEEM Fundraising History
RoundAmountValuationTimeInvestor(s)
M&A----2020-02-13Tron
Key Milestones
  • 2020-02-14
    Steem was acquired by Tron
  • 2016-04
    $STEEM was live for trading
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