By Ryan Lawler Injective, a layer-1 blockchain for decentralized finance applications, announced Wednesday that it is launching a $150 million ecosystem fund. Why it matters: Despite the collapse of some major players in the crypto ecosystem, investors remain bullish on the technology's potential for transforming financial applications. Details: The ecosystem

by Adam Morgan McCarthy QUICK TAKE * The fund will be used to accelerate interoperable infra and DeFi adoption. * CEO Eric Chen told TechCrunch there is a lack of an established ecosystem fund for Injective and Cosmos. Injective, the Layer 1 blockchain, launched a $150 million ecosystem fund to support interoperable

By Deepti Sri Injective, a blockchain for building financial applications, has announced a new US$150 million initiative backed by a consortium of investors including Pantera Capital, Kraken Ventures, Jump Crypto, and KuCoin Ventures. Delphi Labs, Flow Traders, Gate Labs, and IDG Capital also joined the initiative to back “promising”

By Brandy Betz Injective, a Cosmos-based layer 1 blockchain for building finance apps that can access other blockchains, unveiled a $150 million ecosystem initiative with partners including crypto investment firms Pantera Capital and Kucoin Ventures, market maker Jump Crypto and research and development hub Delphi Labs. The fund will back