Jumper to Spin Off From LI.FI, Raise First Funding via JUMP Token Sale

The notable part is structural rather than the raise itself: a cross-chain aggregator spinning out of its own infrastructure provider and funding via a token sale with no equity attached, which concentrates governance and value capture in JUMP holders rather than shareholders. The stated roadmap pushes Jumper toward a crowded super-app field — spot, perps, tokenized stocks and RWA yield — where differentiation is thin and execution risk is high. Whether the token sale prices the expansion credibly, and whether a token-only cap table attracts or deters later institutional backing, is the open question.