TechFlow News — According to The Block, Solana Labs has raised $314 million in funding led by A16z and Polychain Capital, with participation from Alameda Research, CMS Holdings, CoinShares, Jump Trading, Multicoin Capital, Sino Global Capital, and others. Solana Labs plans to establish an incubation studio to accelerate project development on the Solana blockchain, as well as set up a venture capital arm for the Solana ecosystem.
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