Decentralized derivatives exchange #Injective #Protocol received nearly $ 10 million in investment in the funding round, which included many famous investors.
The exchange, which launched its cross-chain derivatives #DeFi protocol test network in December, has now raised $ 10 million from investors, including companies such as #Pantera Capital, #BlockTower, #Hashed, #Cadenza Venture, #CMS and #QCP Capital, and cryptocurrency investor billionaire #Mark #Cuban. .
Mirza Uddin of Injective stated that this was a private token sale and said, "The token sale was made with a 1-year lockdown time and valuation of over $ 1 billion."
Uddin also informed that INJ, the protocol's own token, is currently open to trading on many exchanges, but new tokens have been produced and distributed to investors from the protocol vault and said, “With this new investment, we will expand our platform and our team. In addition, we are setting up a special trading desk within ourselves to provide liquidity to our stock exchange.
Its users; The total investment received by Injective Protocol, an exchange that allows trading in #cryptocurrency , #stocks, #forex, #NFT and #synthetic #assets, is approximately $ 17 million so far.