Web3 fundraising platform Legion announced a strategic partnership with renowned cryptocurrency exchange Kraken on September 20. Below is a brief introduction to Legion, its investment background, and how to participate.
What is Legion?
Legion, a Web3 fundraising platform, aims to reshape the way early-stage projects and token issuance (ICOs) operate in the crypto. The platform prioritizes compliance, transparency, and fair distribution, with a strong emphasis on the interests of the community and early contributors.
All projects fundraising on Legion must publish comprehensive risk disclosure documents and undergo a rigorous review process to comply with regulatory requirements. Legion, co-founded by Fabrizio Giabardo and Matt O'Connor, aims to create a secure, trusted, and community-friendly next-generation Web3 fundraising environment.
What is Legion’s investment background and financing status?
Since its founding in 2024, Legion has completed multiple rounds of funding. The most recent was a Seed Extension round in 2025, which raised approximately $5 million. This round was led by VanEck US and Brevan Howard Digital, with participation from prominent investors such as Coinbase Ventures, Kraken, and Crypto.com Capital.
Including this round of funding, Legion’s total fundraising has reached approximately US$7 million, with fundraising in the form of equity and token subscription rights.
What are the main highlights of Legion?
Legion's biggest highlight is its Legion Score rating system, which determines the priority and allocation ratio of participants in fundraising by analyzing users' actual contributions to Web3, such as community participation, development or DeFi operation records, invitations and interactions, etc., thereby effectively reducing the risk of speculators or robots grabbing early low-priced tokens.
At the same time, Legion and Kraken also launched Kraken Launch, introducing processes on the platform that comply with international regulatory standards such as the EU MiCA, requiring projects to fully disclose risks and the use of funds, ensuring that the token issuance process is transparent, without internal dark pools, and allowing qualified participants to enter the market fairly.
This design not only protects institutional investors, but is also open to general users who have passed KYC and rating verification, giving early supporters and community members more opportunities to obtain official token quotas.
How to participate in Legion’s first public sale?
According to Twitter influencer @NFTCPS , Kraken and Legion's first public sale will be open at 10 PM on September 22nd. Legion will assign scores based on user activity on Twitter or their Web3 wallet. Higher scores translate to larger allocations, more tokens awarded, and higher potential returns. Here are the steps to participate:
- First, register on the Legion official website . It is recommended to log in with your Twitter (X) account.
- Enter the referrer's invitation code to get extra points.
- Complete KYC and upload proof of address. This can be a utility bill or bank statement, as long as it matches the KYC name.
- If the deposit is more than 1000U, you will need to complete some verification questions.
In short, interested users should first register and complete KYC verification. The sooner you get a high score, the better, so that you can secure a spot in Kraken and Legion's first public sale projects.
This article analyzes the Legion fundraising platform: What is Legion, fundraising background and public sale participation methods first appeared in ABMedia ABMedia .
