Deus X Capital Launches Solstice Labs For DeFi On Solana

According to PANews, Deus X Capital has announced the launch of its decentralized finance (DeFi) venture, Solstice Labs. The company plans to release its first protocol on the Solana blockchain by early 2025, aiming to offer enhanced yield opportunities for all investors. The target is to manage funds exceeding $100 million in total value. Solstice Labs is led by Ben Nadareski, co-founder and CEO of Deus X Capital. The initiative aims to introduce institutional-grade DeFi infrastructure. Since its establishment in October last year, Deus X Capital has grown its assets to $1 billion.