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Sushi secures a k-level strategic investment, new leader Alex McCurry takes over aiming for $20 million in revenue.
[Coin World] Sushi's recent move is quite interesting.
Alex McCurry from Synthesis directly purchased over 10 million SUSHI tokens and will personally take the lead. Former leader Jared Grey is stepping back to serve as an advisor, and the new team is officially taking over.
To be honest, Sushi performed quite well last year — the AMM and aggregator business earned over 10 million dollars, finally turning a profit. Now, with this strategic investment, the goal is also quite clear: to push annual revenue to over 20 million dollars in the coming years.
Don't mess around, just focus on steady growth and sustainable development. After all, the DeFi space has experienced intense reshuffling over the past two years, and there aren't many protocols that can survive and remain profitable. Next, it depends on whether the new team can implement their plans and revive the rhythm of this established DEX.