According to TechFlow, Sanctum, the Solana ecosystem liquidity staking service protocol, announced the completion of a $6.1 million seed round extension financing, led by Dragonfly, with participation from THE CMS, DeFiance Capital, Genblock Capital, Jump Crypto, MARIN DIGITAL VENTURES and others.
We will now focus on two products: Sanctum LSTs and Infinity, the latter of which is designed to facilitate liquid staking on Solana and facilitate price-efficient LST-LST swaps.
According to previous news, Jupiter founders: Sanctum, Sharky and deBridge are potential LaunchPad projects of the LFG platform.