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Prominent Institutional Investors Back Injective Protocol Decentralized Cryptocurrency Derivatives Exchange for$2.6M

by Richard Kastelein Decentralized derivatives exchange Injective Protocol raised $2.6 million dollars in a seed funding round led by Pantera Capital with participation from world-renowned institutional investors including QCP's investment arm QCP Soteria, Axia8 Ventures, and OK's strategic investment partner K42. Paul Veradittakit, Partner at Pantera Capital, commented on Injective Protocol: “Injective Protocol scalably brings advanced derivatives capabilities to DeFi while being uncompromisingly decentralized. We see Injective as a strong contender to expand DeFi beyond just Ethereum power users and to serve as an integral layer ushering the new dawn of decentralized derivatives.” Injective Protocol aims to solve critical scalability…

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