ParaFi Capital Invests $35M in Solana's Jupiter Platform

Jupiter announces its inaugural external funding of $35 million from ParaFi Capital, structured as a market-priced token acquisition.

Jupiter has revealed that it has secured a significant investment of $35 million from ParaFi Capital, marking a crucial milestone as the company’s first round of external funding.

The investment was arranged as a market-priced token purchase, which includes extended lockup periods to ensure stability and commitment from the investors.