Texture Finance, a Solana-powered decentralized finance protocol, announced on Nov. 2 it successfully raised $5 million in a funding led by P2P Capital, an active DeFi and staking investment firm, and Sino Global, a venture capital firm.
The funding round also saw the participation of other investors including Wintermute, Semantic Ventures, and Jane Street Capital, among others.
The capital will go toward accelerating product development and supporting the DeFi growth. The Solana-based protocol aims to apply a specific yield management strategy to maximize profitability for DeFi investors, also known as Texture’s SOL Power Yield Strategy.
Texture Makes DeFi Better
Texture’s primary mission is to promote easy access to sustainable DeFi yields through one-click leveraged SOL staking while managing LTV and auto-compounding token rewards. The ultimate goal is to attract new users into crypto and support Solana’s growth. Developments…
