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Forwarded from Injective Announcements
Injective Raises $40,000,000 to Advance Web3 Finance

Injective has raised $40M to accelerate the adoption and growth of Web3 finance. The funding round consisted of Jump Crypto and BH Digital (the crypto arm of famed hedge fund manager Alan Howard).

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.

#WAGMI nINJas 🥷

🚀 Read More: https://injective.xyz/3zMd7f5
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