Solrise Finance raises $ 3.4 M for Solana-based non-storage asset management protocol

July 6, 2021-Tortola, British Virgin Islands

Solrise Finance, a Defi protocol designed to support managed portfolios of its own and synthetic funds on its scalable, low-latency Solana platform, has successfully completed a $ 3.4 million funding round.

The capital increase was provided by a group of leading venture capitalists in decentralized financing, including Alameda Research, CMS Holdings, Delphi Digital, Jump Capital, Parafi Capital, Final, Alliance, mutual Ventures, and skyvision capital.

Wee Dor Gensel, CEO of Solrise, said,

“We are delighted to be working with the most amazing partners and investors we can find. We are fully committed to ensuring solrise’s long-term success and are excited for such strong support.”

With this newly introduced capital Solrise all the Defi ecosystem more accessible to a wider investor audience to make decisions such as high transaction costs and storage and opaque financial center of the platform aims to break down many of the barriers as well as existing disadvantages.

Solrise seamless and transparent platform for Defi users to open more opportunities in a broader range of assets, capital actively and passively managed funds investment pools throughout automatic cost-effectively allocate aims to help. Unlike more traditional investment options, solrise’s unclaimed nature means that fund managers never have direct investor funds, while investors are free to go in and out of funds on their own schedule.

Anyone can use the Solrise platform to create or manage a fund under a protocol, or to invest in those funds. In addition to these ease of Use and accessibility features, platform users, including fund managers, creators, and investors, can become familiar with Solana’s own and external assets and protocols by expanding ecosystem October.

Fund investments, Santiago R., Note that Santos is the general partner of Parafi Capit

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