Affected by the news of a new round of financing, IOTX rose nearly 8% in a short period of time

According to BlockBeats news, on April 3, according to Bitget market data, affected by the news of a new round of financing, IOTX rose nearly 8% in a short period of time and is now quoted at $0.067. BlockBeats previously reported that IoTeX, an Ethereum-compatible blockchain optimized for DePIN, completed $50 million in financing. This round of financing was participated by Borderless Capital, Amber Group, Foresight Ventures, FutureMoney Group, SNZ, Metrics Ventures, EV3 and Waterdrip Capital. The IoTeX team said the investment will drive growth and ecosystem adoption of DePIN by investing in long-term staked IOTX, the DePIN token that governs and powers IoTeX DePIN, and investing in IoTeX-based DePIN alongside the IoTeX Foundation and the DePINsurf Accelerator Fund. project.