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Bluesky Secures $100M, Expands Team & AT Protocol

Bluesky Secures $100M, Expands Team & AT Protocol

Tech News Today | 2 Min News | The Daily News Now! · The Daily News Now!

March 19, 20261m 33s

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Show Notes

Bluesky, a popular social media platform, has raised $100 million in Series B funding, led by Bain Capital Crypto. This follows previous raises and comes as the platform sees a surge in users, from 13 million to over 43 million worldwide. The funding will support team expansion and AT Protocol upgrades. Despite concerns from some users about the crypto-focused investors, the platforms decentralized setup, inspired by CEO Jay Grabers past work in crypto, continues to attract backers.

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