Social Token Platform Calaxy Closed $26 Million Strategic Round Led by HBAR Foundation and Animoca Brands

Calaxy, a social token platform based on the Hedera Hashgraph, has closed a $26 million strategic round led by the HBAR Foundation and Animoca Brands, with participation from Polygon. The funds raised will be used to expand the Calaxy platform, which is reportedly set to launch in beta late this summer. Launched by NBA player Spencer Dinwiddie, Calaxy closed a $7.5 million seed round last year and offered Calaxy Creator tokens from actress and singer Teyana Taylor and NBA star Iman Shumpert.