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FinTech Seed Founded 2024

Solayer

Solayer is a provider of a hardware-accelerated SVM-native blockchain and vertically integrated financial stack designed for real-time money movement. The company operates Solayer Chain, a Layer 1 blockchain using InfiniSVM architecture with software-defined networking and RDMA connectivity to achieve 1 million TPS and 100 Gbps throughput while maintaining atomic state. Solayer offers a comprehensive financial stack…

📍 Zug, Switzerland · Cryptocurrencies,

Funding snapshot

Last roundSeed
Amount$12M
Date2 July 2024
Total raised$12M
Team size18

About

Solayer is a provider of a hardware-accelerated SVM-native blockchain and vertically integrated financial stack designed for real-time money movement. The company operates Solayer Chain, a Layer 1 blockchain using InfiniSVM architecture with software-defined networking and RDMA connectivity to achieve 1 million TPS and 100 Gbps throughput while maintaining atomic state. Solayer offers a comprehensive financial stack including a perpetual DEX enabling trading of crypto, equities, and commodities from a single margin account with approximately 400ms finality and a central limit order book, Solayer Pay crypto-native Visa card allowing stablecoin spending globally with over 45,000 cardholders, sUSD yield stablecoin earning 9.5% backed by U.S. Treasury Bills, and institutional-grade Solana staking through its Mega Validator. Founded in 2024 and headquartered in Zug, Switzerland, Solayer has raised approximately 2 million at the Seed stage with backing from Polychain, Big Brain Holdings, Hack VC, Nomad Capital, Race Capital, ABCDE, Maelstrom, and Arche Capital.

Business model

Blockchain Infrastructure > Mining,

Cryptocurrencies > Mining > Pool Mining > Staking

Founders & team highlights

$50M+ Club Founder,

Serial Founder

Team background

College Wise > Wharton School, University of Pennsylvania, The Wharton School, University of California (Berkeley)

Institutional investors

Polychain Big Brain Holdings Hack VC Nomad Capital Race Capital ABCDE Maelstrom Arche Capital Sandeep Nailwal Anatoly Yakovenko Richard Wu

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