Injective Raises $40m Funding to Expand DeFi Applications
Injective is investing in the future of financial technology by creating avenues for diversified and equitable access to financial freedom.
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Injective is investing in the future of financial technology by creating avenues for diversified and equitable access to financial freedom.
Decentralized exchange (DEX) protocol, Injective announced today it has raised $40 million in a just-concluded funding round. According to the announcement, investors in the round include Jump Crypto and BH Digital, the crypto and digital asset division of Brevan Howard.
Injective has managed to raise $40 million in a private token sale led by Jump Crypto according to reports from Tech Crunch. Brevan Howard Digital, the cryptocurrency arm of British billionaire hedge fund manager Alan Howard, also took part in the funding round.
Injective, a layer 1 blockchain, raised $40 million in a round round led by Jump Crypto. BH Digital also participated in the round. The post Layer 1 blockchain Injective raises $40 million round led by Jump Crypto appeared first on The Block.
Injective will use the funds to boost the utility of the INJ Token.
Billionaire Shark Tank investor Mark Cuban has revealed he is bullish on following small-cap crypto tokens. What Happened: In an Aug. 7 interview with Altcoin Daily, Cuban laid out the low cap altcoins on his radar and the reasons why he holds them.
Injective (INJ) has been generating bullish divergence inside a bullish pattern since May 9. It is possible that a breakout will soon follow.
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What is the INJ price prediction? We explain what Injective is and why its price is soaring and what to expect next.
