The Solana ecosystem LSD protocol Sanctum has completed its seed round extension financing, led by Dragonfly

ChainCatcher news, the Solana ecosystem liquid staking service protocol Sanctum announced the completion of its seed round extension financing, led by Dragonfly, with participation from Solana Ventures, CMS Holdings, DeFiance Capital, Genblock Capital, Jump Capital, Marin Digital Ventures, and others. The total financing has now reached 6.1 million USD.

It is reported that Sanctum will now focus on two products: Sanctum LSTs and Infinity, with Infinity aimed at facilitating liquid staking on Solana, making it easier to achieve price-efficient LST-LST exchanges.