Blum Platform Raises $5 Million in Pre-Seed & Seed Rounds Led by gumi Cryptos Capital

• Blum Platform Secures $5 Million in Pre-Seed & Seed Funding to Support Smart Trading
• gumi Cryptos Capital Leads the Funding Round with Contributions from Four Prominent Investors
• The Deal Aims to Support Investments in Digital Assets

Blum, a decentralized trading platform operating via Telegram, has successfully raised $5 million in a Pre-Seed & Seed funding round.

The round was led by gumi Cryptos Capital, with participation from notable investors such as Spartan, No Limit Holdings, YZi Labs, and OKX Ventures, reflecting strong investor confidence in the platform’s potential and rapid growth.

Blum aims to utilize this funding to enhance its infrastructure, improve trading functionalities, and expand its operations across multiple blockchain networks, providing users with greater flexibility in managing their digital assets.

Additionally, the platform is focused on developing its intelligent trading bot, which has already attracted over one million users, highlighting the growing interest in seamless and efficient trading solutions.

Since its launch in July 2024, Blum has experienced tremendous growth within the Web3 space. Its Telegram community has surpassed 32 million users, making it one of the fastest-growing platforms in the sector.

Furthermore, the platform has recorded 2.2 million unique wallets, showcasing a significant adoption rate among digital asset traders.

Initially, Blum operated on a “Click-to-Earn” model, rewarding users for their engagement.

However, the company has now transitioned to a “Trade-to-Earn” strategy, which is more sustainable in the long term. This approach encourages users to actively participate in trading rather than merely engaging in passive interactions.

Beyond capital investment, the new funding round also includes strategic partnerships with key industry players, further strengthening the platform’s capabilities and market positioning.

Gleb Kostarev, Blum’s CEO, and Vlad Smirkes, the CMO, emphasized that this move aligns with Blum’s vision of creating a more efficient and secure trading environment for users.

With its rapid expansion and increasing investor backing, Blum is well-positioned to establish itself as a leading player in the decentralized trading space, paving the way for further innovations and advancements in this evolving industry.