Solana-based Synchrony Raises $4.2m, Set to Build Asset Management Protocol With Composable DeFi Indices

Solana-native asset management protocol Synchrony has closed $4.2 million in a strategic funding round, with investments led by Sanctor Capital, with participation from Wintermute Trading, GBV Capital, HashKey, Magnus Capital, and 0xVentures, among others. “By unlocking this trove of data, Synchrony will provide a more holistic view of Solana dApps and DEX’s, which ultimately increases transparency while introducing new value for traders.