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Solana-Based SOON Raises $5M to Expand Blockchain Access

  • Solana Optimistic Network (SOON), a blockchain project on Solana's Virtual Machine, secures $5M funding from Jump Crypto, Amber Group, and angel investors to bring advanced blockchain tools to ordinary users.
  • SOON aims to introduce institutional-grade trading instruments to general users globally and has previously sold $22 million worth of NFTs before its mainnet launch.
  • Angel investors include Nana Murugesan of zkSync, Mark Hull of Kamino Finance, Chris Hermida of Switchboard, and Tori Cohen of Wormhole, showing confidence in SOON's mission and potential.
  • As an Ethereum Layer 2 based on Solana VM, SOON enables fast, low-fee transactions and advanced trading capabilities, enhancing the overall blockchain experience for users.
  • SOON's decoupled SVM stack isolates execution and core network, enhancing speed and efficiency, with Jump Crypto and Amber Group praising its performance and user benefits.
  • Amber Group plans to integrate AI models into SOON's copy-trading platform to empower users to mirror professional investors' transactions and access AI-based trading tools.
  • Jerry Zhou from Amber Group sees SOON as defining the future of on-chain trading, providing easy-to-use and powerful tools for a new generation of users.
  • SOON remains committed to democratizing blockchain and trading tools, aiming to reach a broader global user base through rapid technology integration and partnerships.
  • The $5M funding marks a significant milestone for SOON, reinforcing its financial position and partnerships, as it continues to expand access to high-tech blockchain to millions worldwide.

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