Singapore, 9th Jun 2023 – Solaris Network, the leading decentralized synthetic asset protocol, has achieved a significant milestone by securing $50 million in financing from 9 renowned investment institutions. This substantial influx of capital reinforces Solaris Network’s position as a pioneering force in the decentralized finance (DeFi) space and propels its mission to revolutionize the industry.
The financing obtained by Solaris Network represents a vote of confidence in the platform’s vision, potential, and innovative approach to DeFi. The raised funds will play a pivotal role in supporting the platform’s growth, development initiatives, and the expansion of its multi-chain ecosystem.
The 9 investment institutions that participated in Solaris Network’s financing round are as follows:
1. Stellar Ventures, Singapore: Stellar Ventures, based in Singapore, is an investment institution dedicated to supporting innovative blockchain and crypto asset projects. Their financial and strategic support fosters the development and innovation of the industry.
2. Pacific Capital Partners, California, USA: Headquartered in California, Pacific Capital Partners focuses on investing in blockchain and digital asset projects. They provide funding, mentorship, and global resources to drive the development of the digital economy on a global scale.
3. EuroTech Ventures, London, UK: EuroTech Ventures, based in London, is a venture capital firm that offers funding, strategic consulting, and business development support to innovative technology companies. Their interest lies in blockchain and financial technology projects.
4. AsiaTech Capital, Hong Kong: AsiaTech Capital, headquartered in Hong Kong, actively invests in blockchain projects across Asia. They collaborate with start-ups, offering funding and strategic guidance to promote technological innovation and business goals achievement in Asia.
5. GlobalTech Investments, London, UK: GlobalTech Investments, based in London, is a global technology investment firm that supports disruptive technology projects. Their focus on innovation in blockchain and digital asset fields aligns with their financial and strategic support to start-ups.
6. Future Capital Ventures, Seattle, USA: Located in Seattle, Future Capital Ventures specializes in supporting forward-looking technological innovation projects. Their interest in blockchain and the digital economy enables them to provide financial and strategic support to start-ups.
7. TechSprint Partners, Tokyo, Japan: Tokyo-based TechSprint Partners is a technology investment firm dedicated to supporting high-potential technology start-ups. They focus on innovative projects in the blockchain and digital asset fields, facilitating market expansion in Japan.
8. VentureX Capital, New Delhi, India: VentureX Capital, headquartered in New Delhi, India, invests in technology innovation and digital economy projects. With a keen interest in blockchain and encrypted assets, they offer funding and strategic guidance to promote growth in the Indian technology industry.
9. FinTech Growth Partners, Toronto, Canada: Based in Toronto, FinTech Growth Partners supports start-ups in the financial technology and blockchain sectors. Their investment and industry insights accelerate growth and innovation in the fintech industry.
The financing obtained from these esteemed investment institutions positions Solaris Network to thrive and achieve its goals. The raised capital will be instrumental in enhancing the platform’s infrastructure, expanding its offerings, and driving innovation in the field of decentralized synthetic assets. Solaris Network aims to create a fair, global, and decentralized on-chain TradeFi+DeFi derivative financial ecosystem for users.
Solaris Network’s achievement in securing $50 million in financing underscores its commitment to fairness, decentralization, and community involvement. As the platform continues to expand its multi-chain ecosystem and grow its user base, Solaris Network remains at the forefront of DeFi innovation, revolutionizing the landscape of decentralized finance.
For more information and updates about our platform, you can check out the following Media.
Organization: Solaris Network
Contact Person: Solaris Network
Release Id: 0906234051
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