Solana’s Fragmetric Secures $5 Million in Strategic Financing to Advance Heavy Staking Platform Development

Fragmetric, a prominent player within the Solana ecosystem, has successfully secured $5 million in a strategic financing round led by Rockaway Capital. The round also saw participation from notable investors such as Robot Ventures, Amber Group, Hypersphere, and BitGo. This recent funding comes swiftly on the heels of a previous $7 million seed round last month, bringing Fragmetric’s total fundraising to an impressive $12 million. The capital raised will be strategically allocated to enhance fragAsset and further develop a robust and innovative heavy staking platform. This move not only reinforces the project’s commitment to advancing the Solana ecosystem but also highlights the growing interest in decentralized finance solutions among seasoned investors.