Solana eco-LSD protocol Sanctum closes $6.1 million funding round
April 4, 2012 - Solana's eco-liquidity pledge servicing agreement, Sanctum, announced the completion of a $6.1 million seed round expansion round led by Dragonfly with participation from Solana Ventures, CMS Holdings, DeFiance Capital, Genblock Capital, Jump Capital, Marin Digital Ventures, and others. Sanctum said it will focus on two products in 2024: Sanctum LSTs and Infinity, which is used for liquidity collateralization on Solana and allows users to deposit SOLs or other LSTs into Infinity to receive cumulative pledge proceeds.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitget launches the 17th VIP Regular Airdrop Program with a prize pool of 400,000 ESIM
Analyst: Three wallets suspected of insider trading during the Infinex public sale
Liquidated a new address's AAVE and PEPE short positions, resulting in a $24,000 loss
Trending news
MoreCrypto prices
More
