Solana Ecosystem DeFi Protocol Katana Closed $5 Million Seed Round with Alameda Research and others

Solana Ecosystem DeFi Protocol Katana closed a $5 million seed round led by Framework Ventures, with participation from Alameda Research, Electric capital, Solana Ventures and others. The funds raised will be used to scale the team to accelerate its growth. The round was reportedly raised after the protocol won the Grand Prize at the Solana Ignition hackathon last November and will help Katana quickly scale to become the de facto yield generation layer in DeFi.