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BTC $62,692.90 -1.31%
ETH $1,873.19 -0.65%
BNB $604.64 -0.68%
XRP $1.00 -0.39%
SOL $75.38 -0.70%
TRX $0.3331 -0.23%
DOGE $0.0692 -1.20%
ADA $0.1792 -2.13%
BCH $203.34 -4.75%
LINK $8.86 +1.02%
HYPE $56.10 -2.52%
AAVE $85.49 -3.56%
SUI $0.6754 -1.79%
XLM $0.1592 -0.54%
ZEC $484.07 -1.13%

SVM Network is soon to complete a $5 million strategic financing, with participation from Jump Crypto and others

2025-06-11 21:10:57

ChainCatcher news, according to The Block, the SVM network Solana Optimistic Network (SOON) announced the completion of a $5 million strategic financing round, with angel investors including Jump Crypto, Amber Group, zkSync's Nana Murugesan, Kamino Finance co-founder Mark Hull, Switchboard founder Chris Hermida, and Wormhole's Tori Cohen participating.

SOON plans to use these funds to provide high-performance chains and trading tools, further expand into the RWA sector, and enhance its copy trading products.

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