Linear Finance Calls It Quits as Cash Flow Runs Dry
The post Linear Finance Calls It Quits as Cash Flow Runs Dry appeared on BitcoinEthereumNews.com.
Linear Finance shuts down after Binance delists LINA and cash flow issues escalate. Tech wasn’t the problem—generating sustainable income proved to be the real challenge. Linear Finance has finally decided to shut down all its operations after Binance announced that it would delist the LINA token from its trading list. It didn’t take long for the news to immediately hit LINA’s market value, dropping by around 65%. Like a store that caught fire, the core team and stakeholders behind the project immediately made a quick decision—liquidation and exiting all positions. Notice of Closure After careful consideration, Linear Finance has made the difficult decision to cease operations. Despite our ongoing efforts to innovate and build throughout the years, the project has struggled to generate sustainable returns. Outside of a brief period of… — Linear Finance (@LinearFinance) March 27, 2025 The decision was announced publicly, leaving big questions for users who still had active positions in their application. Will the funds be returned? How to exit safely? The Linear team said they would soon contact users directly to explain the closure process. Why Linear Finance Fell: Not Code, But the Cash Crisis When it comes to technology, Linear Finance actually doesn’t have a big problem. The application runs, the functionality are mostly complete, and the community is engaged. However, this isn’t about who has the most advanced features or the coolest appearance; it’s about money. More specifically, it’s about generating enough cash flow to stay afloat in the face of constant market pressures and rising operating costs. They managed to survive through personal funds from the project owner and proceeds from token sales. However, that approach was not long-lasting enough. Once Binance announced that it would delist LINA, the effect was like turning off a light switch in the middle of the…
Filed under: News - @ March 28, 2025 12:24 pm