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Injective Protocol Raises $10M at $1B Valuation From Investors Including Pantera

Injective Protocol Raises $10M at $1B Valuation From Investors Including Pantera

Injective Protocol, a decentralized derivatives exchange, said it raised a $10M at a $1B valuation from investors including Pantera Capital, BlockTower, Hashed, Cadenza Ventures (formerly BitMex Ventures), among others. Dallas Mavericks owner Mark Cuban also participated, while Cumberland, DRW’s crypto arm, disclosed its investment in the company. “Raising a sum of money so small relative…