Bitmex Ventures News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Place/Date: Palo Alto, CA - April 20th, 2021 at 8:56 pm UTC · 3 min read The proliferation of decentralized finance (DeFi) continues as a new unicorn is crowned: decentralized derivatives exchange Injective Protocol announced that it has closed $10 million, valuing the network over $1 billion. A group of prominent new and existing investors who participated in the round include Pantera Capital, BlockTower, Hashed, Cadenza Ventures (formerly BitMex Ventures), CMS, and QCP Capital. It was also reported that billionaire NBA team owner and Shark Tank judge Mark Cuban made a strategic investmen...

Decentralized derivatives exchange Injective Protocol has raised $10 million in a “party funding round” from new investors. What Happened: According to TechCrunch, billionaire investor Mark Cuban has made a strategic investment in the project, joining other high-profile venture firms like Pantera Capital, BlockTower, Hashed, Cadenza Ventures (formerly BitMex Ventures), CMS, and QCP Capital. "This was a private placement token sale," Mirza Uddin of Injective Protocol told The Block on Tuesday. "We sold tokens with a lockup period at a $1 billion+ valuation." The lockup period for investor...

Injective Protocol raises $10M from Pantera Capital, Mark Cuban for its ‘DeFi Robinhood’ Back in December last year Injective Protocol, launched the testnet for its DeFi protocols for cross-chain derivatives trading, with backing from giant crypto exchange Binance. It has now raised $10 million in a “party” funding round. Participating in the round was Pantera Capital, BlockTower, Hashed, Cadenza Ventures (formerly BitMex Ventures), CMS, and QCP Capital. Billionaire NBA team owner and Shark Tank judge Mark Cuban has also made a strategic investment into Injective, according to my sou...