February 12, 2025
Blum, a decentralized exchange (DEX) integrated with Telegram, has raised $5 million across pre-seed and seed funding rounds. The investment, led by gumi Cryptos Capital, also saw participation from OKX Ventures, Spartan, No Limit Holdings, and YZi Labs. The capital will be allocated toward expanding the platform’s AI-powered trading tools and integrating multichain support.
Since launching in July 2024, Blum has recorded 2.2 million unique wallets and established a Telegram community exceeding 32 million members. The platform has shifted from a tap-to-earn model to a trade-to-earn structure, increasing engagement among traders. Additionally, Blum operates Blum Memepad, a service for meme coin creation, which has facilitated $200 million in trading volume and onboarded 380 tokens across decentralized exchanges.
About Blum
Blum is a decentralized trading platform that operates within Telegram, providing users with AI-driven trading features and an interactive trading experience. The platform enables users to buy, sell, and create digital assets, with a focus on accessibility and automation. Blum Memepad, its token creation service, supports meme coin development and trading.
Website: https://www.blum.io/
X: @Blumcrypto
About Investor
gumi Cryptos Capital
gumi Cryptos Capital is a venture capital firm specializing in early-stage investments within the blockchain sector. The firm focuses on supporting projects that contribute to the Web3 economy.
Location: San Francisco, CA
Website: https://gumi-cryptos.com/
A central focus of investor activity in the cryptocurrency space is the evaluation of new crypto projects to invest in, particularly those with huge potential. This blog provides insight into what new ventures are benefiting from venture capital support (VC funding in crypto). These new crypto projects, funded by professional investors, can dictate the next narrative in crypto and the next big crypto movers.
Yorumlar