Solana’s Orca Secures $18 Million Fund With Polychain By CoinQuora
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- Orca raised $18 million in a Series A funding round.
- This investment will help Orca become the preferred swap partner for Solana.
Solana-Powered Defi Platform Orca raised $18 Million in a Series B funding round.
On Wednesday, the decentralized exchange platform (DEX), announced this news. Orca emphasized that they secured $18million in a Series-A investment round. Three Arrows, Placeholder, Polychain and Placeholder were the co-leaders of this funding.
The decentralized finance platform DeFi says that the investment will allow Orca to become the most trusted swap in the Solana community.
Orca claimed that they have $300 million of total value (TVL), in the platform. Orca also noted that $18 million of the financing comes from well-known investors. These include Polychain, Three Arrows and Placeholder. Moreover, there were also other participants like Defiance,
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