MEV Infrastructure Developer Jito Labs Raised $10M in Series A Co-led by Multicoin Capital and Framework Ventures

Solana MEV infrastructure developer Jito Labs announced that it has closed a $10m Series A funding round co-led by Multicoin Capital and Framework Ventures, with participation from Alameda Research, Solana Ventures, Delphi Digital and others. Jito Labs aims to improve the speed and finality of transactions on Solana as well as rewards for validators and stakers. The company is building tools to mitigate the negative impact of MEV on Solana.
Source

Solana

Fund Raising

Infrastructure

Multicoin Capital

Alameda Research

In This Article

Related News
Solana-based memecoin generator Pump.fun raising $1 billion via token sale: report Solana-based memecoin generator Pump.fun raising $1 billion via token sale: report
Cobie's ICO platform Sonar goes live with Plasma seeking $50 million at $500 million token valuation Cobie's ICO platform Sonar goes live with Plasma seeking $50 million at $500 million token valuation
Solana validators patch zero-day bug that could have led to unlimited minting of certain tokens Solana validators patch zero-day bug that could have led to unlimited minting of certain tokens
Canada to launch spot Solana ETFs this week: report Canada to launch spot Solana ETFs this week: report
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
Latest News More More
2 Days Ago TON Foundation offers path to 10-year UAE 'Golden Visa' for $100k in staked TON, $35k fee; UAE denies eligibility
5 Days Ago Tether plans further Bitcoin mining expansion in South America with Adecoagro tie up
6 Days Ago North Korean hackers use fake Zoom updates to deliver ‘NimDoor’ macOS malware targeting crypto firms
6 Days Ago JPMorgan's blockchain unit tests new carbon credit tokenization application with S&P Global
June 30 Ethereum community plans onchain ‘time capsule’ to mark 10th anniversary of network’s genesis block
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open