Decentralized Smart Contracts Platform Injective Closes $40 Million Funding Round Led by Jump Crypto

Decentralized smart contracts platform Injective raised $40 million in a funding round led by Jump Crypto. BH Digital, the crypto and digital asset unit of investment firm Brevan Howard, also participated in the latest round. Injective said it will use the funding to boost utility for the native INJ Token, liquidity for existing decentralized apps built on injective, along with supporting new decentralized apps on Injective.