Solana ecological LSD protocol Sanctum completed seed round expansion round financing, led by Dragonfly

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According to Foresight News , Solana ecosystem liquidity staking service protocol Sanctum announced the completion of its seed round extension financing, led by Dragonfly, with participation from Solana Ventures, CMS Holdings, DeFiance Capital, Genblock Capital, Jump Capital, Marin Digital Ventures and others. The total financing has now reached US$6.1 million.

Sanctum said that in 2024 it will focus on two products, Sanctum LSTs and Infinity. Infinity is used for liquidity pledge on Solana. Users can deposit SOL or other LST into Infinity to get returns.

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