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Business & Economics

Blum receives $5 mn funding; seeks expansion in diverse markets

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Summary
Nutrition label

61% Informative

Blum, the telegram-based cryptocurrency trading platform, announced on 12 Feb the completion of its seed funding round.

It has received $5 million in pre-seed and seed funding, receiving major investment from Gumi Cryptos , other funders included YZi Labs , Spartan Capital , OKX Ventures , Wintermute , No Limit Holdings , and Bitscale .

It is set to develop multi-chain trading bots, AI-powered Memepad , Perpetual Futures trading.

VR Score

51

Informative language

46

Neutral language

27

Article tone

semi-formal

Language

English

Language complexity

56

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

long-living

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