Solrise Finance (Solrise), a Solana-based asset management protocol, has secured $3.4 million in a funding round.
Some of DeFi’s top venture capital funds participated in the round, including Alameda Research, CMS Holdings, Delphi Digital, Jump Capital, ParaFi Capital, DeFi Alliance, Reciprocal Ventures, and Skyvision Capital.
The project was developed by the same team that created SolFlare and Solana Beach, a popular crypto wallet and block explorer.
With the latest funding, Solrise has joined a growing list of DeFi projects building on Solana, a fast-rising Ethereum competitor.