PANews reported on April 22 that, according to Cointelegraph, global blockchain payment provider Astra Fintech has announced the establishment of a $100 million fund to support the development of the Solana ecosystem in Asia. Through this fund, Astra Fintech plans to invest funds to accelerate project development and establish partnerships with developers, companies, and regulatory agencies. The fund's operational base will be located in South Korea. The fund will focus on projects and developers working on PayFi solutions (that is, a series of systems that use blockchain technology to facilitate payments).
