Join Our Mailing List
Monday January 30, 2023
Bitcoin (BTC) $23,096.19   Ethereum (ETH) $1,579.70
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Investment Management
    • M&A
    • Mining
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
Trezor Model T
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
Home Capital Raising

Decentralized trading exchange Injective Protocol closes $10M funding round

Published by CryptoNinjas.net
04/20/2021
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 Pantera Capital, BlockTower, Hashed, Cadenza Ventures (formerly BitMex Ventures), CMS, and QCP Capital. In addition, it was also reported that billionaire NBA team owner and Shark Tank judge Mark Cuban made a strategic investment into Injective.

“Legacy institutions and practices create a number of artificial delays and middlemen that prevent innovation in the financial markets ecosystem. At Injective, our goal is to enable an unparalleled decentralized trading experience, whereby retail traders globally can for the first time access limitless markets without the typical predatory fees and slow transaction times.”
– Eric Chen, CEO of Injective Protocol

Previous investors of Injective Protocol include Binance, one of the largest cryptocurrency exchanges, that also incubated the project. Earlier a few Injective team members were put into the international spotlight for joining an anonymous individual known only as Burnt Banksy who created a non-fungible token (NFT) of an original Banksy piece as covered by CBS News, BBC News, The Guardian, and others.

81
SHARES
FacebookTwitterLinkedinRedditE-MailTelegram
Source: Injective Protocol

Related News

Decentralized crypto trading & DeFi platform Injective adds support for Polkadot assets

06/03/2022
Decentralized DeFi platform Injective adds support for Polkadot assets

Injective, the interoperable smart contracts platform optimized for DeFi apps, announced today it now officially supports Polkadot native assets. The integration enables Injective to be a primary gateway for cross-chain Polkadot assets to enter...

Read more

Layer-2 platform Injective Protocol teams with Lithium Finance to launch pre-IPO derivatives

07/02/2021
Layer-2 platform Injective Protocol teams with Lithium Finance to launch pre-IPO derivatives

Injective Protocol, a layer-2 derivatives platform, today announced a new strategic partnership with Lithium Finance to launch decentralized pre-IPO stock derivatives. Lithium Finance offers an oracle built to systematically price illiquid assets using collective...

Read more

Injective Protocol launches decentralized stock trading

12/21/2020
Injective Protocol launches decentralized stock trading

Injective, a layer-2 decentralized exchange protocol, has announced the launch of decentralized stock trading through partnerships with Terra and Band Protocol. All users across the globe will now get access to equity trading, starting...

Read more

Injective Protocol raises $2.6M for decentralized derivatives exchange

07/29/2020
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,...

Read more
Load More
Leave Comment

Where to Exchange

Leading crypto suite in Spain & LATAM Visit
European bitcoin exchange Visit
Swap & buy 150+ cryptocurrencies Visit
First U.S. regulated BTC exchange Visit
  • Trending
  • Latest
Trust Wallet launches anticipated browser extension of its crypto management app

Trust Wallet launches anticipated browser extension of its crypto management app

11/14/2022
Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

01/24/2023
6 Best Cloud Mining Platform In 2022

6 Best Cloud Mining Platform In 2022

11/20/2022
Where Exactly Can You Spend Monero Cryptocurrency?

Where Exactly Can You Spend Monero Cryptocurrency?

10/20/2021
Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

01/24/2023
Crypto exchange Gemini launches new electronic OTC trading solution

Crypto exchange Gemini launches new electronic OTC trading solution

01/19/2023
Crypto securitization platform-GenTwo links to all Coinbase assets

Crypto securitization platform GenTwo links to all Coinbase assets

01/14/2023
Blockchain ecosystem ThunderCore teams with Huobi and MyCointainer in node expansion

Blockchain ecosystem ThunderCore teams with Huobi and MyCointainer in node expansion

01/05/2023
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2023 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact
No Result
View All Result

© 2016 - 2023 CryptoNinjas Disclosures | Privacy Policy