Solana Ecosystem: One-stop platform Solasystem launched; Solana Labs completes $314 million financing

According to data from "The Block Research," the on-chain ecosystem of the competitive public chain Solana has gradually become more complete, with over 90 projects now developing on Solana, including Serum DEX, AMM protocol Raydium, and the main brokerage protocol Oxygen. However, as the ecosystem continues to expand, there is an increasing need for information aggregation websites, including on-chain data and ecosystem maps.

Solana Labs Completes New Round of Private Funding of $314 Million

According to the foreign media outlet "The Block," earlier this month, the developer behind the competitive public chain Solana, Solana Labs, has completed a new round of private funding, raising a total of $314.15 million. Investors include top venture capital firm a16z, cryptocurrency market maker Alameda Research, cryptocurrency capital CMS Holdings, Multicoin Capital, Sino Global Capital, Coinshare, and Jump Trading, the parent company of Pyth Network.

It is worth noting that Solana Labs has stated that it will use this funding to establish a new "incubator" as well as a "venture capital department." In the future, Solana Labs will directly invest in some developers on Solana to incubate DeFi protocols or applications.

Users will be able to directly access the latest news and dynamics of various protocols on the Solasystem all-in-one platform.