Solana-Based DeFi Project Hubble Protocol Raises $10M

Posted on by American Coins & Gold

Solana-Based DeFi Project Hubble Protocol Raises M
Decentralized finance (DeFi) project Hubble Protocol has raised $10 million in funding ahead of its mainnet launch later this month. The capital will be used toward expansion of the team and DeFi project offerings.Investors in the funding round included Three Arrows, DeFiance Capital, Delphi Digital, Digital Currency Group (the parent company of CoinDesk), Crypto.com Capital, ParaFi, Jump Capital, Decentral Park Capital, CMS, Spartan, DeFi Alliance and Mechanism Capital.“We are thrilled to back the Hubble team as they build core DeFi primitives for the Solana ecosystem, from a decentralized stablecoin to an innovative borrowing marketplace to under collateralized lending. These are…