PANews reported on September 20 that according to CoinDesk, Deus X Capital today launched Solstice Labs, a decentralized finance (DeFi) business. The company will release its first protocol on the Solana blockchain in early 2025, providing all investors with enhanced income opportunities, targeting funds with a total value of more than $100 million. Solstice Labs is led by Ben Nadareski, co-founder and CEO of Deus X Capital, and plans to introduce institutional-level DeFi infrastructure. Since its establishment in October last year, Deus X Capital has reached $1 billion in assets.