Bluesky Completes $15 Million Series A Funding, Led by Blockchain Capital

On October 25th, the decentralized Twitter project Bluesky announced the completion of a $15 million Series A financing round, led by Blockchain Capital, with participation from SevenX, True Ventures, and Alumni Ventures. Bluesky stated that it will not "over-financialize" its "social experience" by integrating cryptocurrency tokens, NFTs, or other blockchain-based technologies into its platform.