Pudgy Penguins and OverpassIP announce parent company Igloo Inc.

Pudgy Penguins and OverpassIP announce parent company Igloo Inc.

Building the largest Onchain community

“Igloo was created to create an end-to-end ecosystem for new people to get started in crypto, in a non-dilutive way,” the company said. on X.

Igloo Inc. also hinted at upcoming projects to expand its ecosystem. “Over the coming months, we will close this loop by making another effort to realize our vision of creating an end-to-end user experience to bring crypto to the masses,” the company added.

The market reacted positively to the news with Pudgy Penguins are trading for over $1 million in the last 24 hours. The floor price is currently around 8.57 ETH (around $28,407) with a market cap of around $252 million, according to CoinGecko.

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