Solayer 👀

Solana restaking protocol Solayer reaches $80 million valuation with $12 million seed round

Solayer Labs, the developer of the Solana restaking protocol Solayer, has raised $12 million in a seed funding round led by Polychain Capital. Other investors in the round included Big Brain Holdings, Hack VC, Nomad Capital, Race Capital, ABCDE and Arthur Hayes' family office Maelstrom, Solayer Labs said Tuesday.

The round closed in May and was structured as a simple agreement for future equity (SAFE) with token warrants, co-founder Rachel Chu told The Block. The funding round brought Solayer's valuation to $80 million, Chu added.

https://www.theblock.co/post/313317/solana-restaking-protocol-solayer-funding-valuation

more information👇
https://solayer.org