Hubble Protocol Closed $10 Million Financing with Three Arrows Capital and others

TokenInsight news, Hubble Protocol, a Solana-based DeFi protocol, has closed a $10 million round of funding with participation from Three Arrows Capital, Jump Capital, ParaFi, Mechanism Capital and others. The raised funds will be used to expand the team and develop DeFi products. Hubble is reportedly expected to launch its mainnet on January 28 and will launch its zero-percent lending platform, where users can stake the platform's native token $HBB to mint stablecoin $USDH. In addition, the protocol will conduct its IDO on SolRazr, Solanium, and DAO Maker from January 20 to January 26.
Source

Fund Raising

Related News
Berachain Raised $100M Series B Round, Led by Framework Ventures and BH Digital Berachain Raised $100M Series B Round, Led by Framework Ventures and BH Digital
New Layer 1 Monad Labs Raised $225M, Led by Paradigm New Layer 1 Monad Labs Raised $225M, Led by Paradigm
Crypto VC Investments Rose by over 52% in March, Reaching $1.16 Billion Crypto VC Investments Rose by over 52% in March, Reaching $1.16 Billion
EigenLayer Raised $100M From a16z EigenLayer Raised $100M From a16z
Crypto Custodian and Staking Service Provider Finoa Raised $15M, Led by Maven 11 Capital and Balderton Capital Crypto Custodian and Staking Service Provider Finoa Raised $15M, Led by Maven 11 Capital and Balderton Capital
Latest News More More
11 Hours Ago Mining Pool ViaBTC to Auction the "Epic Sat" After Mined the Bitcoin Fourth Halving Block
11 Hours Ago Tether to Freeze Assets Related to Sanctioned Entities in Venezuela
12 Hours Ago Payment Firm Block to Develop a Bitcoin Mining System
1 Day Ago Tether Partnered with Telegram to Launch USDT Payment
1 Day Ago Bitcoin Layer 2 Stacks to Rollout Nakamoto Upgrade
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open