Solana Ecosystem Lending Protocol Hedge Closes $3.7 Million Seed Round with Pantera Capital and others

Hedge Labs, the Solana ecosystem lending protocol, has closed a $3.7 million seed round led by Race Capital with participation from Pantera Capital, Solana Ventures, Shima Capital and others. Founded by former Google program manager Grubb and Work.com founder Chris Coudron, Hedge is a Solana-based DeFi lending protocol scheduled for public launch in the second quarter of this year.