Cointelegraph reports that Blum, a company dedicated to building a hybrid trading platform within the Telegram ecosystem, recently announced the completion of a new financing round. Binance Labs Fund, one of the investors, demonstrated confidence and support in Blum's future development. Although specific figures regarding the funding amount and valuation have not been disclosed, this action undoubtedly provides a strong financial backbone for Blum's business expansion and technological innovation. Currently supporting over 30 blockchains, the funds raised will be primarily used for developing local P2P trading, simplifying derivative trading, and integrating the trading experience between centralized exchanges (CEX) and decentralized exchanges (DEX). The goal is to enhance user experience, strengthen the platform's competitiveness, and increase its market influence.