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.