On January 24th, COINOTAG News reported that Ranger Protocol, a prominent Solana-based aggregation platform for perpetual contracts, has successfully closed a financing round amounting to $1.9 million. This funding initiative was spearheaded by RockawayX, a notable player in the financial investment landscape. The round also saw participation from reputable entities such as Big Brain Holdings, Zee Prime Capital, ANAGRAM, and Flow Traders, indicating strong industry confidence in Ranger Protocol’s innovative framework. As the demand for decentralized finance (DeFi) solutions continues to surge, platforms like Ranger Protocol are strategically positioned to capitalize on this growth, enhancing liquidity and trading efficiency in the crypto market. The involvement of established financial institutions in this funding round further underscores the increasing mainstream acceptance of blockchain technology.
Source: https://en.coinotag.com/breakingnews/ranger-protocol-secures-1-9-million-financing-round-to-enhance-solanas-perpetual-contract-platform/