Crypto Checking Account Provider Juno Acquires NFT Music Platform Swaraj Labs

Odaily星球日报 · 2023-08-09T12:03:04.000Z

Odaily Planet Daily News Encrypted checking account provider Juno announced that it has successfully acquired Indian music NFT platform Swaraj Labs (formerly Humit). The specific acquisition amount has not yet been disclosed. Swaraj Labs will lead Juno's global expansion plans, people familiar with the matter said. It is reported that Swaraj Labs was founded in 2021 and is committed to helping artists use Web3 technology to create and distribute their artistic works. (YourStory) In October last year, it was reported that Juno completed an $18 million Series A financing, led by ParaFi Capital, with participation from Hashed, Jump Crypto, Uncorrelated Fund, Greycroft, 6th Man Ventures, etc. Additionally, Juno is launching a tokenized loyalty program that will distribute its native ERC20 token JCOIN to verified users as rewards for certain activities on the platform.

Odaily Planet Daily News Juno, a provider of encrypted checking accounts, announced that it has successfully acquired the Indian music NFT platform Swaraj Labs (formerly Humit). The specific acquisition amount has not been disclosed. People familiar with the matter said that Swaraj Labs will lead Juno's global expansion plan. It is reported that Swaraj Labs was founded in 2021 and is committed to helping artists create and distribute their works of art using Web3 technology. (YourStory) Last October, Juno completed an $18 million Series A financing round, led by ParaFi Capital, with participation from Hashed, Jump Crypto, Uncorrelated Fund, Greycroft, 6th Man Ventures and others. In addition, Juno has also launched a tokenized loyalty program that will distribute its native ERC20 token JCOIN to verified users as a reward for certain activities on the platform.