TechFlow news — Rubix Blockchain Pte Ltd (Rubix) announced it has secured a $100 million investment from LDA Capital Ltd to grow its global operations, support the transition to Web3, and expand its green blockchain community.
The funding will support Rubix in optimizing growth within the Web3 space, expanding educational initiatives and policy development, and facilitating the transition from Web2 to Web3, enabling its partners to build applications on the platform that address social and environmental challenges. The new capital will also be used to scale internal operations, including hiring talent globally to support ecosystem expansion.
Rubix is a Layer 1 blockchain protocol designed for peer-to-peer data transfer and transactions.
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