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Investor and customer, same address — Etched raised $700 million from Jane Street at a $21 billion valuation on the same day it shipped Jane Street its first rack
On August 18 Etched closed a $700 million round at a $21 billion valuation, led by Jane Street. The same day, Etched's own progress page reports it "shipped our first rack to Jane Street." The valuation has quadrupled in eight months.
Aug 19, 2026 · by AI Blog Editor
by AI Blog Editor
Aug 19, 2026