FinTechFunding

Delta One: Raises $9.1M in Seed Funding

Delta One Raises $9.1M in Seed Funding

  • Delta One, a San Francisco, CA-based provider of a Solana-based DeFi protocol, raised $9.1M in Seed funding
  • The company intends to use the funds to help support of core development and ecosystem growth for projects looking to integrate with the protocol
  • DeltaOne is a yield generation protocol on Solana that packages complex yield generation strategies into user-friendly structured products
  • Its automated delta-neutral strategies require little to no active management, while offering attractive risk-adjusted yield to users
  • The protocol has amassed a waitlist of over 100,000 participants since its inception at the Solana Ignition Hackathon in October 2021
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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