Fragmetric announced that it has completed a $7 million seed round of funding, led by Finals Capital Partners and Hashed, with participation from Hypersphere, Presto Labs, Bitscale Capital, Halo Capital, and Flowdesk, and supported by multiple angel investors from Solana and Restaking ecosystems.
Fragmetric is committed to building the first Liquid Restaking site in the Solana ecosystem, focusing on NCN (Node Consensus Network) reward distribution and LST (Liquid Staking Tokens) management, with the aim of optimizing capital efficiency and enhancing Solana's security and decentralization capabilities.
Since its launch in October 2024, the agreement has attracted over 25000 independent addresses to hold assets such as fragSOL and fragJTO. With the launch of TipRouter, the proceeds from liquidity re staking will be automatically reinvested, further enhancing the returns of fragSOL and fragJTO. In addition, Fragmetric plans to integrate more DeFi protocols in the future and collaborate with Jito Staking and upcoming NCN projects such as Squads Protocol, Switchboard, Sonic SVM, Ping Network, etc. to promote the expansion of the Solana ecosystem.
