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Solana-based DeFi protocol Hubble raises $10M, prepares for mainnet launch -Breaking

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The (SOL) network is ready to see the mainnet launch for another decentralized finance (DeFi) protocol, aimed at Web3 development and backed by bigshots from the crypto industry.

Hubble Protocol, which is an initiative to build a defensible crypto-backed stablecoin, amongst other DeFi services has raised $10M from Three Arrows / DeFiance Capital (DCG), Delphi Digital, Digital Currency Group, Digital Currency Group, ParaFi Capital, Jump Capital Capital, Decentral Park Capital Capital, CMS and Spartan.