Injective Raises $40M from Jump Crypto and BH Digital to Accelerate Growth
NEW YORK, Aug. 10, 2022 /PRNewswire/ --Injective, a blockchain built for finance, today announced a new $40 million funding round led by Jump Crypto.
- NEW YORK, Aug. 10, 2022 /PRNewswire/ --Injective, a blockchain built for finance, today announced a new $40 million funding round led by Jump Crypto.
- BH Digital, the crypto arm of famed hedge fund manager Alan Howard, has also joined the round.
- The new capital will allow Injective to increase utility for the native INJ token, provide liquidity to existing dApps built on Injective, and support new dApps on Injective via investments.
- We look forward to building together with the Injective community and are optimistic about the ecosystem's future growth," said Kanav Kariya, President of Jump Crypto.