Rubix Blockchain secures $100m investment from LDA Capital

Photo: Hitesh Choudhary/Unsplash

Rubix Blockchain, a Layer 1 blockchain protocol for P2P data transfer with operations in Singapore, announced raising $100 million from Los Angeles-based alternative investment manager LDA Capital.

The fresh investment will finance the startup’s global expansion and support its transition to Web3, among others, according to the announcement.

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