Tagged: solana foundation

R3 and Solana Foundation to Enable Regulated Financial Institutions and RWAs on Solana Blockchain

R3 and Solana Foundation announce a collaboration to bring regulated financial institutions and their real-world assets onto Solana. It will deliver enterprise-grade, “permissioned consensus service offered to the public on a Layer 1 network.” This brings the institutional TradFi and DeFi worlds “into convergence, marrying… Read More

MagicBlock Secures $7.5 Million Seed Funding to Power Onchain Real-Time Apps

MagicBlock, a startup building fully on-chain real-time applications on the Solana blockchain, said it has raised $7.5 million in a Seed funding round led by Lightspeed Faction. The round was also backed by Maven11, Delphi Digital, Robot Ventures, Mechanism Capital, Equilibrium, Pivot Global, and angel… Read More

DLT Adoption: Colosseum Organization to Support Startups Powered by Solana Blockchain

Matty Taylor (former Head of Growth at Solana Foundation), Clay Robbins (former Principal at Slow Ventures) and Nate Levine (former software engineer at Stripe) announced the launch of Colosseum, a new organization founded to discover, accelerate and invest in builders who are “looking to develop… Read More

Masa Network, Builder of Decentralized Data Marketplace, Acquires Funding

Masa Network, builder of the decentralized data marketplace, announced $5.4M in its seed fundraising round led by Anagram, co-founded by Solana Foundation President Lily Liu and former Polychain President Joe Eagan. Additional investors reportedly “include Avalanche Blizzard Fund, Digital Currency Group, GoldenTree, OP Crypto, Unshackled… Read More

Visa Expanding Stablecoin Capabilities via Solana Network Enhances the Credibility of the Crypto Space, According to Industry Professional

Austin Federa, head of strategy at the Solana Foundation, recently noted that firms such as Visa (NYSE: V)  expanding their stablecoin capabilities via the Solana network enhances the perception of the crypto space, which has witnessed numerous scandals and lawsuits during the last few months…. Read More

Stablecoins, LatAm: Credix Introduces “Fully” Insured USDC Receivables Pool with Clave, Solana Foundation, Keyrock

Credix, with support from Clave, launched a “first-of-its-kind,” fully insured receivables pool. Inaugural investors include the Solana Foundation and Keyrock. The receivables pool offers an investment opportunity “to accredited investors seeking up to a double-digit yield while insuring credit risk.” More specifically, the pool, “which… Read More

Orca Introduces Web3 Climate Funding, Raises $2M+ for Education, Sustainability

Orca, a Solana-based liquidity platform, has announced the launch of the Orca Climate Fund. The fund is “reflective of its mission to combat climate change and promote sustainable practices in crypto.” The Orca Climate Fund “evolved from Orca’s Impact Fund which was born in August… Read More

Blockchain Ecosystem Development: Solana Foundation Shares Validator Health Report

The Solana Foundation recently published the Validator Health Report (on August 10, 2022). Solana is a public, open-source blockchain that “anyone in the world can build on.” Their mandate at the Solana Foundation is “to support the decentralization, security, resilience, and adoption of the Solana… Read More

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