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#decentralized

The DEXON Foundation, which guides the development of the decentralized protocol DEXON, secured a $20 million private placement led by IDG Capital, a venture capital firm with 150 successful exits and managing $20 billion in assets, including portfolio companies App Annie, 5Miles, and WeCash. DEXON

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Ocean Protocol, a decentralized data exchange protocol that lets users share and monetize data while guaranteeing control, auditability, and transparency, brought in a new round of financing from Outlier Ventures. The protocol strives to provide the underlying technical foundation that data marketplaces need to connect providers

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