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The asset trading platform Drift on the Solana chain has completed a $25 million Series B financing, led by Multicoin Capital

Sep 19, 2024 18:02:44

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ChainCatcher news, the asset trading platform Drift on the Solana chain has completed a $25 million Series B funding round, led by Multicoin Capital, with participation from Blockchain Capital, Primitive Ventures, and Folius Ventures.

Cindy Leow, co-founder of Drift Labs, stated that her goal is to build a suite of financial service tools on top of Solana, including spot and derivatives trading as well as prediction markets, to make Drift "the Robinhood of cryptocurrency."

According to RootData, Drift Protocol is an on-chain asset trading center based on Solana, offering services such as Perps and prediction markets.

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