Solana Labs raises $314M in token sale to expand its blockchain-related services
SHARE Solana Labs Inc. announced today that it has raised $314 million in a private token sale to launch an incubation studio, venture investing arm and trading desk. Andreessen Horowitz and Polychain Capital led the token raise. Other investors included Alameda Research, Blockchange Ventures, CMS Holdings, Coinfund, CoinShares, Collab Currency, Memetic Capital, Multicoin Capital, ParaFi Capital, Sino Global Capital and Jump Trading. Founded in 2018, Solana offers a web-scalable blockchain that offers support for decentralized apps and marketplaces. The company’s blockchain is designed to g...