Delta One: Raises $9.1M in Seed Funding

Delta One Raises $9.1M in Seed Funding

• Delta One, a San Francisco, CA-based provider of a Solana-based DeFi protocol, raised $9.1M in Seed funding
• The company intends to use the funds to help support of core development and ecosystem growth for projects looking to integrate with the protocol
• DeltaOne is a yield generation protocol on Solana that packages complex yield generation strategies into user-friendly structured products
• Its automated delta-neutral strategies require little to no active management, while offering attractive risk-adjusted yield to users
• The protocol has amassed a waitlist of over 100,000 participants since its inception at the Solana Ignition Hackathon in October 2021