TechFlow news — Deus X Capital, a $1 billion investment and operating firm led by Tim Grant, has announced the launch of Solstice Labs, its new DeFi arm.
Solstice Labs is dedicated to building institutional-grade DeFi products and protocols for all investors. Its first project is a protocol designed to offer enhanced yield opportunities, expected to launch in early 2025.
The protocol will be built on the Solana blockchain and is projected to go live with over $100 million in total value locked (TVL), largely funded by Deus X Capital.
Solstice Labs will work closely with Deus X Capital portfolio companies Cor Prime, a prime broker, and Alpha Lab 40, a proprietary trading firm.
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