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Injective Leads Global Financial Revolution as Major Banks Enter Web3

In the past 10 days, Injective integrated KDAC and Rakkar as institutional validators to the network. Both companies are owned by some of the largest banks globally, which together manage over $850 billion in assets.

These collaborations transcend typical blockchain integrations – they represent a paradigm shift where centuries-old banking institutions are actively participating in Injective's on-chain governance. Injective isn't just collaborating with institutions; it's transforming how global finance operates by bringing institutional giants directly into the Web3 ecosystem.

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Injective Leads Global Financial Revolution as Major Banks Enter Web3

In the past 10 days, Injective integrated KDAC and Rakkar as institutional validators to the network. Both companies are owned by some of the largest banks globally, which together manage over $850 billion in assets.

These collaborations transcend typical blockchain integrations – they represent a paradigm shift where centuries-old banking institutions are actively participating in Injective's on-chain governance. Injective isn't just collaborating with institutions; it's transforming how global finance operates by bringing institutional giants directly into the Web3 ecosystem.

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For some time, Mr. Durov and a few dozen staffers had no fixed headquarters, but rather traveled the world, setting up shop in one city after another, he told the Journal in 2016. The company now has its operational base in Dubai, though it says it doesn’t keep servers there.Mr. Durov maintains a yearslong friendship from his VK days with actor and tech investor Jared Leto, with whom he shares an ascetic lifestyle that eschews meat and alcohol.

Injective Leads Global Financial Revolution as Major Banks Enter Web3

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