Hubble Protocol Closes $5 Million Strategic Round Led by Multicoin Capital

Solana-based stablecoin lending platform Hubble Protocol closed a $5 million strategic funding round led by Multicoin Capital, with participation from DeFiance Capital, Crypto.com Capital, ParaFi, Jump Capital, and Mechanism Capital. The funds raised will be usedto advance its roadmap. This includes improvements to the current platform and advancing the use of its stablecoin, $USDH, through the launch of new DeFi services and products.
Source

Solana

Stablecoins

Lending

Fund Raising

Multicoin Capital

In This Article

Related News
Citigroup predicts stablecoin supply could hit $3.7 trillion by 2030 Citigroup predicts stablecoin supply could hit $3.7 trillion by 2030
Canada to launch spot Solana ETFs this week: report Canada to launch spot Solana ETFs this week: report
Total stablecoin market cap surpasses $230 billion amid institutional interest and Trump policies Total stablecoin market cap surpasses $230 billion amid institutional interest and Trump policies
Solana's key SIMD-228 proposal fails to pass validator vote, token emissions unchanged Solana's key SIMD-228 proposal fails to pass validator vote, token emissions unchanged
Transaction fees generated on Solana network fall to lowest weekly amount since September Transaction fees generated on Solana network fall to lowest weekly amount since September
Latest News More More
9 Hours Ago Ark Invest raises 2030 bull-case bitcoin price projection to $2.4 million on 'aggressive' modeling
1 Day Ago Zora airdrop triggers confusion as token launches without announcement, requires users claim manually
2 Days Ago pot bitcoin ETFs see $936 million inflows as 'safe haven' narrative strengthens
2 Days Ago Binance South Africa to require information on senders and recipients for local compliance
3 Days Ago USDC closes in on $61 billion as institutional demand outpaces USDT growth
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open