DeFi
Hylo reports a $1 million round led by Solana Ventures
On 20 October, Hylo wrote that it had closed a strategic round of $1 million. Hylo says Solana Ventures led and Colosseum joined. Both investors wrote the same day that they are backing Hylo again.
SOLANA·HUB Editorial
On 20 October, Hylo wrote on X that it had closed a strategic round of $1 million. Hylo says Solana Ventures led the round. Colosseum took part.
The same day, Solana Ventures wrote on X that it is backing Hylo again. Colosseum wrote that it is continuing to back the Hylo team.
Hylo writes that this is Solana Ventures’ second investment in Hylo and Colosseum’s third.
On Solana, Hylo runs the stablecoin hyUSD and leveraged tokens. That is how the protocol’s product pages describe the two lines.
Sources
- Hylo — Post on X, 20 October 2026, 5:26 p.m. Berlin
- Solana Ventures — Post on X, 20 October 2026, 5:46 p.m. Berlin
- Colosseum — Post on X, 20 October 2026, 5:48 p.m. Berlin
- Hylo — Documentation, stablecoin and leveraged tokens, read 20 October 2026
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