Azura announced that it has raised $6.9 million in the round of funding led by new investor, Initialized Capital Management, LLC on October 22, 2024. The transaction included participation from new investors, Winklevoss Capital Management LLC, AllianceBernstein Holding L.P., Volt Capital, angel investors, Raj Gokal, Meltem Demirors, Stephane Gosselin, and other prominent figures in the crypto industry.