Injective, a blockchain built for finance, announced a new $40 million funding round led by Jump Crypto this month.
In this fireside chat Injective and Jump Crypto discuss their recent collaboration, the overall markets and the future of Web3 Finance.
This new capital will enable Injective to spur further development aimed at creating the industry-leading blockchain optimized for financial applications. Injective will also continue to invest in its rapidly growing ecosystem in order to solidify its position as the premier destination for Web3 DeFi developers. The funding will also be utilized to further increase utility for the native INJ token, which powers Injective, while also creating new liquidity avenues for dApps built on Injective.
About Injective
Injective is a custom interoperable layer one protocol for building powerful exchange, DeFi, derivatives & Web3 applications. Injective was created using the Cosmos SDK and is able to achieve instant transaction finality while sustaining lightning fast speeds. INJ is the native deflationary scarce asset that powers the Injective Protocol and its rapidly growing ecosystem. Injective is incubated by Binance and is backed by major institutions such as Pantera and Jump Crypto.
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