Odaily Planet Daily News The encrypted checking account provider Juno announced that it has successfully acquired the 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, the people 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 works of art. (Your Story)
In October last year, it was reported that Juno completed a US$18 million Series A financing, led by ParaFi Capital, and participated by Hashed, Jump Crypto, Uncorrelated Fund, Greycroft, and 6th Man Ventures.
Additionally, Juno has launched a tokenized loyalty program that will distribute its native ERC20 token, JCOIN, to verified users as rewards for certain activities on the platform.