United States, April 21, 2021 /AlexaBlockchain/ – Decentralized derivatives exchange Injective Protocol has raised $10 million in latest funding round, bringing Injective Protocol’s total funding to date to over $17 million.
Latest funding round featured several investors, including billionaire entrepreneur Mark Cuban, Pantera Capital, BlockTower, Hashed Ventures, CMS Holdings, and QCP Capital.
What is Injective Protocol?
Injective Protocol is the first layer-2 decentralized exchange protocol that unlocks the full potential of decentralized derivatives and borderless DeFi. Injective Protocol enables fully decentralized trading without any restrictions, allowing individuals to trade on any derivative market of their choosing.
Injective Protocol is backed by a prominent group of stakeholders including Pantera Capital, one of the most renowned venture capital firms in the world, and the leading cryptocurrency exchange, Binance.