Tech Company Financing Transactions
Injective Protocol Funding Round
Jump Crypto and BH Digital participated in a $40 million funding round for Injective Protocol. This VC investment round was announced on 8/10/2022.
Transaction Overview
Company Name
Announced On
8/10/2022
Transaction Type
Venture Equity
Amount
$40,000,000
Round
Undisclosed
Investors
Jump Crypto (Lead Investor)
Proceeds Purpose
The company intends to use the funds to increase utility for the native INJ token, provide liquidity to existing dApps built on Injective, and support new dApps on Injective via investments.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Undisclosed
New York, NY 10006
USA
New York, NY 10006
USA
Phone
Undisclosed
Website
Email Address
Overview
Access limitless markets with zero barriers. Injective is the first front-running resistant, layer-2 exchange protocol that unlocks the full potential of borderless decentralized finance (DeFi) by supporting margin trading, derivatives, and futures. Injective is backed by industry titans such as Pantera Capital, Binance, and Hashed.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Eric Chen
Chief Technical Officer
Albert Chon
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