India: Blockchain startup XDC Network raises $50m from LDA Capital

India: Blockchain startup XDC Network raises $50m from LDA Capital

Bitcoin on the blockchain .

Enterprise-grade blockchain startup XDC Network on Monday announced that it has received a $50-million capital commitment from global alternative investment group LDA Capital Limited to drive its expansion plans.

LDA support will help fund new ventures and entities laser-focused on increasing network adoption among retail and institutional participants, jumpstarting on-chain activity and total value locked (TVL), and supporting technological innovation, XDC said in a statement.

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