Solayer establishes a $35 million fund to support the development of real-time DeFi and AI applications built on infiniSVM

GateNewsBot
Source: PANews

PANews January 21 News, according to CoinDesk, Solayer announced the establishment of a $35 million ecosystem fund, jointly supported by Solayer Labs and Solayer Foundation, focusing on funding real-time on-chain applications developed on its high-speed L1 network infiniSVM. infiniSVM is compatible with the Solana toolchain, capable of processing over 330,000 transactions per second with a 400-millisecond settlement time. The fund prioritizes projects with revenue models and high-frequency trading needs, covering DeFi, payments, AI systems, and real-world asset tokenization, such as U.S. debt tokens and AI-driven trading products.

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