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Decentralized trading exchange Injective Protocol closes $10M funding round

CryptoNinjas » Decentralized trading exchange Injective Protocol closes $10M funding round Decentralized derivatives exchange Injective Protocol, today announced that it has closed a funding round of $10 million, valuing the network over $1 billion. Injective enables instant transaction finality and allows its users to trade with zero fees. Led by a team of Stanford and Harvard graduates, Injective streamlines fully decentralized trading with a fast and secure layer-2 exchange that allows individuals to trade any market, including stocks, crypto, forex, crypto, NFTs, and even synthetic assets. A group of prominent new and existing investors who participated in the round includes…

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Injective Protocol raises $2.6M for decentralized derivatives exchange

Injective Protocol, a fully decentralized derivatives exchange protocol, has raised $2.6 million dollars in a seed funding round led by Pantera Capital with participation from other institutional investors including QCP’s investment arm QCP Soteria, Axia8 Ventures, and OK’s strategic investment partner K42. Injective Protocol aims to solve critical scalability and user experience bottlenecks that trouble decentralized exchanges (DEXs). Beyond providing working capital, the new strategic investors will also provide liquidity solutions for the decentralized exchange as well as support Injective Protocol’s business development and market brand recognition internationally. Paul Veradittakit, Partner at Pantera Capital, commented on Injective Protocol, “Injective Protocol…

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