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. @craftsdev is turning token raises on @solana into something closer to real capital markets infra. • Encrypted sealed-bid auctions via @Arcium→ bids stay private → less whale signaling, cleaner price discovery • Data rooms + B1-style disclosures → real docs, real risks, not just memes • SPV + onchain settlement rails → legal wrappers + automated treasury flows • 12 projects already lined up → not an experiment, a pipeline Most tokens trade below perceived NAV because trust is weak. Craft’s bet: better structure + transparency → better pricing @refihub (1st deal on Craft) shows what this looks like in practice: • $35M in solar assets • 12.5% ARR • 27 distributions • $10M LOI from an institutional allocator • Launching at ~$4–5M valuation vs $20–40M comps

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