Sanctum raised $6.1M in a Seed funding round

April 3, 2024

Solana-based liquid staking protocol Sanctum raised $6.1M in a Seed funding round led by Dragonfly Capital, with participation from Syndicate by Boogle, Sequoia Capital, Solana Ventures, DeFiance Capital, Coin Merge Strategy (CMS), Valhalla Capital, Jump Capital, Genblock Capital, Infinite Capital, Cozomo de’ Medici, Francesco Agosti, Marin Digital Ventures, ROK Capital, Peak XV Partners (ex as Sequoia India & South East Asia).

Sanctum is a protocol on Solana designed to facilitate liquid staking, ushering Solana into a limitless Liquid Staked Token (LST) era. It provides a unified liquidity layer for users staking SOL natively or with LSTs, offering powerful capabilities for accessing a wide range of whitelisted LSTs through its Infinity multi-LST liquidity pool.

You can find all funding rounds, links, and details on the project page Sanctum