Hylo Secures $1.5 Million in Seed Funding on August 8, 2025
According to media reports, Hylo completed a $1.5 million Seed funding round on August 8, 2025. Investors in this round include Robot Ventures, Solana Ventures, and Colosseum. With this transaction, Hylo’s total funding has reached $1.5 million.Hylo is a decentralized stablecoin system built around two symbiotic tokens: hyUSD and xSOL. hyUSD is a stablecoin backed by Solana liquid staking tokens (LSTs), while xSOL is a tokenized asset designed to provide users with long-term leveraged exposure to SOL. As the cryptocurrency market continues to evolve, stablecoins are playing an increasingly critical role within the ecosystem. Hylo’s innovative solution offers users expanded liquidity options and further strengthens the financial infrastructure of the Solana ecosystem. The proceeds from this funding round will enable Hylo to enhance its product features, improve system security, and expand its influence within the decentralized finance sector.
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