According to Foresight News and reported by Decrypt, the social media startup Bluesky has completed a $15 million Series A funding round, led by Blockchain Capital, with participation from SevenX, True Ventures, and Alumni Ventures. The funds raised will be used to support and develop its community, invest in 'Trust and Safety', and strengthen its developer ecosystem.
Bluesky indicates that it will not integrate cryptocurrencies, NFTs, or other blockchain-based technologies into its platform.