Injective (INJ) is a blockchain optimized for Web3 finance.
 | |
| Industry | Web3 |
|---|---|
| Founded | 2018 |
| Founder | Eric Chen and Albert Chon |
| Website | https://injective.com/ |
History
editInjective was launched by Injective Labs, which was founded by Eric Chen and Albert Chon in 2018 through the first incubation program hosted by Binance Labs.[1]
In December, Injective launched a Testnet for a DeFi trading platform built on top of its layer.[2] In April 2021, the platform raised $10 million in a “party” funding round with participation from billionaire Mark Cuban.[3]
In July, Injective underwent a "CosmWasm mainnet" upgrade in order to bring scalable smart contracts to Injective.[4]
In January 2023, Injective launched a $150 million fund ecosystem initiative to accelerate interoperable infrastructure and DeFi adoption.[5]
References
edit- ^ "Injective Labs Cofounders: Eric Chen, Albert Chon". Forbes. Forbes. Retrieved 15 August 2024.
- ^ Butcher, Mike (2020-12-03). "As crypto comes back, Binance-backed Injective Protocol launches Testnet for its DeFi trading platform". TechCrunch. Retrieved 2023-09-28.
- ^ Butcher, Mike (2021-04-20). "Injective Protocol raises $10M from Pantera Capital, Mark Cuban for its 'DeFi Robinhood'". TechCrunch. Retrieved 2023-09-28.
- ^ "DeFi: Injective Protocol's 'CosmWasm' upgrade adds more functionality for developers and users". ZDNET. Retrieved 2023-09-28.
- ^ Melinek, Jacquelyn (2023-01-25). "Injective launches $150M ecosystem fund to accelerate interoperable infra and DeFi adoption". TechCrunch. Retrieved 2023-09-28.