Solana Ecosystem Re-staking Network Solayer Completes New Round of Financing, Polygon Founder Sandeep Nailwal and Others Participate

Solayer, a re-staking network within the Solana ecosystem, has completed a new round of financing. Sandeep Nailwal, founder of Polygon, DCF God, Justin Bram, Toly, co-founder of Solana Labs, Nom, core contributor of Bonk, Joe Lalloz, Xinshu, Rooter, founder of Solend protocol, and joseph.eth, among others, participated in the investment. The specific amount of financing and valuation information has not been disclosed. Solayer will use the new funds to continue building a native re-staking network and use Solana's economic security and execution capabilities to provide decentralized cloud infrastructure.