Solana-Based Layer 2 Blockchain Raises $5M to Expand Pro Trading Tools and RWA Push

According to a press release shared with The Block, the raise is aimed at fast-tracking SOON’s mission to democratize institutional-grade blockchain infrastructure and bring professional trading capabilities to retail users.

The round saw participation from well-known figures across the blockchain ecosystem, including Nana Murugesan of zkSync, Kamino Finance cofounder Mark Hull, Switchboard founder Chris Hermida, and Tori Cohen of Wormhole.

SOON intends to use the capital to accelerate the rollout of high-performance chains and advanced trading tools, while also scaling its copy-trading platform and pushing deeper into the real-world asset (RWA) sector.

READ MORE:

Bitcoin Targeting $120,000 While Altcoins Signal Historic Breakout Potential

By bridging Solana’s high-speed architecture with Ethereum’s Layer 2 ecosystem, SOON aims to offer a unique hybrid infrastructure targeting both institutional and retail markets.

The post Solana-Based Layer 2 Blockchain Raises $5M to Expand Pro Trading Tools and RWA Push appeared first on Coindoo.