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Cyclos: New Solana-Based DeFi Project Raises $2.1M

On Friday, the new Solana-based DeFi project — Cyclos, raised a total of $2.1 million combined from a private and a public round. According to Cyclos, the funding will be used to create the first concentrated liquidity AMM on Solana. Additionally, the funds will enable blockchain’s ecosystem to offer more features that are never seen before.

To highlight, the private funding round included notable investors such as CMS Holdings, Hashkey, Solana Capital, Huobi Ventures, Coin98 Ventures, MXC, Gate.io, Skyvision Capital, Petrock Capital, Illusionist Group, Crypt…

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Source: Cryptocurrency - investing.com

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