Compartir este artículo

Pantera, Jump Crypto Back $150M Injective Ecosystem Fund

The initiative will support financial apps developed to work across blockchains based on the Cosmos system.

Actualizado 9 may 2023, 4:06 a. .m.. Publicado 25 ene 2023, 2:05 p. .m.. Traducido por IA
(Unsplash)
(Unsplash)

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 projects that accelerate the adoption of interoperable infrastructure and decentralized finance (DeFi).

The initiative will offer token and equity investments and give operational support through memberships in development, cryptographic research, marketing and community growth. Injective, based in New York, is also kicking off a global virtual hackathon where developers will be able to submit projects for potential venture funding.

STORY CONTINUES BELOW
No te pierdas otra historia.Suscríbete al boletín de Crypto Daybook Americas hoy. Ver todos los boletines

The collapse of multibillion-dollar centralized crypto exchange FTX in November tightened the wallets of investors, though a number of deals were already in progress. Injective was able to assemble the ecosystem initiative in a couple of months, co-founder and CEO Eric Chen told CoinDesk in an interview.

“It certainly accelerated because of the recent failures of centralized players,” said Chen. “But it wasn’t difficult at all, for us at least, because a lot of the backers have formally or informally participated in the ecosystem, supporting projects.”

Injective-based apps cover a range of financial verticals, including exchanges, options, derivatives and lending. The initiative will support projects that focus on interoperability, DeFi, trading, proof-of-stake (PoS) infrastructure and scalability solutions. Other backers include Gate Labs, Flow Traders, IDG Capital and Kraken Ventures.

Injective's decentralized smart contract platform was created using Cosmos' software development kit (SDK) and provides developers with modules to speed up the development of complex protocols. Injective protocols have interoperability through the native access to chains enabled with Cosmos IBC (Inter-Blockchain Communication) and Ethereum.

The ecosystem is powered by the INJ token, which has a market cap of about $144.6 million, according to CoinDesk data. In August, Injective raised $40 million in a funding round backed by Jump Crypto and hedge fund Brevan Howard to boost INJ’s utility in providing liquidity to projects in the ecosystem.

The price of INJ was down with the rest of the crypto market ahead of the news, but has since rallied to be up more than 20% for the 24-hour period to $2.36.

Read more: VC Firm Pantera's 2023 Crypto Forecast Says the Future Is DeFi

UPDATE (15:15 UTC): Update adds INJ price movement.


Más para ti

Protocol Research: GoPlus Security

GP Basic Image

Lo que debes saber:

  • As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
  • GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
  • Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.

Más para ti

Standard Chartered, Coinbase Expand Crypto Prime Services for Institutions

The Standard Chartered logo on the outside of an office building.

The companies will explore the development of trading, prime services, custody, staking and lending solutions for institutional clients.

Lo que debes saber:

  • The enhanced partnership builds on the existing tie-up between Standard Chartered and Coinbase in Singapore.
  • Standard Chartered provides banking connectivity that enables real-time Singapore dollar transfers for Coinbase’s customers.