According to PANews, Deus X Capital today launched the decentralized finance (DeFi) business Solstice Labs. The company will release its first protocol on the Solana blockchain in early 2025, providing all investors with enhanced income opportunities, aiming to lock in a total value of more than $100 million.

Solstice Labs, led by Ben Nadareski, co-founder and CEO of Deus X Capital, plans to introduce institutional-grade DeFi infrastructure. Deus X Capital was founded in October last year and has assets of $1 billion.