Tulip Closes $5M in Funding Led by Jump Capital and Alameda Research

TokenInsight news, Tulip, the Solana eco-income aggregator, has closed a $5 million round of funding led by Jump Capital and Alameda Research, with participation from Amber Group, Cadenza Ventures, CMS Holdings and others. Tulip allows users to chase double-digit yield on their token deposits and facilitates crypto lending as well as leveraged yield farming. Tulip's CEO said that Tulip's upcoming V2 release will provide users with better management strategies.