According to The Block, Juno, an encryption-friendly checking account application, completed $18 million in Series A financing. This round of financing was led by ParaFi Capital, and participating investors included Hashed, Jump Crypto, Uncorrelated Fund, Greycroft, 6th Man Ventures, etc. This round of financing will be used to expand its loyalty program, team and product line. Juno offers checking accounts to U.S. residents that allow users to earn, invest, and spend cryptocurrencies. The Token Loyalty Program launched by Juno aims to incentivize receiving funds, consumption, etc. by issuing JCOIN to users. Juno stated that it will not distribute tokens to employees or investors, nor will it promote secondary market transactions, and can only be used for For purposes such as purchasing products of partner brands.