markets
Pudgy Penguins-backed Abstract to shut down after ‘tens of millions’ in losses
CoinTelegraphOctober 7, 2026 · 12:34 AM2 min read
Igloo CEO Luca Netz said the company funded Abstract for 18 months but still failed to find product-market fit despite attracting major brands and a community of millions.
Originally published on CoinTelegraph
Igloo CEO Luca Netz said the company funded Abstract for 18 months but still failed to find product-market fit despite attracting major brands and a community of millions.
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