Pye Finance Raises $5M to Bring Tradeable Staking to Solana
Pye Finance has secured $5 million in seed funding as institutional demand for programmable staking accelerates on Solana. The round was led by Variant and Coinbase Ventures, with participation from Solana Labs, Nascent, Gemini and others. The startup is building what it describes as the first onchain marketplace for time-locked staking positions on Solana. Pye…