IoTeX Core Development Team MachineFi Lab Closes $50 Million in Funding Round with Participation from HashKey Capital and Others

MachineFi Lab, the core development team of IoTeX, has closed a $50 million Series A round of funding with participation from HashKey Capital, IOSG, Jump Crypto and others. The funds raised will be used to expand the MachineFi Lab team and drive its global machine-share economy platform.