Solana Foundation

Breaking News: PayPal USD, a stablecoin issued by Paxos, is now live on Solana! We're excited to announce that PayPal has launched the PYUSD stablecoin on the Solana blockchain, leveraging the power of token extensions. ✉️PayPal released a letter showcasing how Solana's low costs, close to instant settlement, high throughput, and advanced token extensions functionality make it an ideal network for issuing PYUSD: https://lnkd.in/g7uBEKDF 🪙Token extensions enable technology companies like PayPal to issue permissioned tokens on Solana's permissionless network easily out-of-the-box, showcasing the growing trend of institutions choosing Solana for stablecoins, RWAs, and more: solana.com/tokenextensions 👩💻 Developers can start integrating PYUSD support into their dApps today: https://lnkd.in/gEBs48mw Read more from CoinDesk: https://lnkd.in/gCgeGEzN

I knew I wanted to be in this industry when I realized its potential to democratize access to financial services and champion financial inclusion. Libre's protocol on Solana with Hamilton Lane and Brevan Howard Digital is shifting traditional markets towards that vision. Here's a video explainer on how Libre is bringing institutional-grade funds to the Solana blockchain -- starting with Hamilton Lane's private credit SCOPE fund.

Solana online hackathons offer a great opportunity for developers to build the next breakout crypto startup. In Colosseum's hackathon model, founders build online for about one month and submit their project to a panel of experienced judges. Select top performers not only win prizes but can also gain mentorship from seasoned founders and the opportunity to secure VC funding through Colosseum’s accelerator program. The Solana Radar Hackathon will be running online from September 2 to October 8. Sign up now and compete to build the next great Solana project! Learn more and sign up: colosseum.org/radar

The Solana Radar Hackathon, Presented by Colosseum is coming. Searching for the next breakout projects and applications on Solana. Prizes, exclusive accelerator programs and investments follow for those that take the competition seriously. 100s of start-ups have been discovered in these programs, raising over $600 Million collectively. Time to shoot your shot.

Democratization of finance is my inspiration to work in crypto. Libre's protocol on Solana with Hamilton Lane and Brevan Howard Digital is shifting traditional markets towards that vision. Here's a video explainer on how Libre is bringing institutional-grade funds to the Solana blockchain -- starting with Hamilton Lane's private credit SCOPE fund.

The fusion of asset management and blockchain technology is accelerating! Hamilton Lane has taken a pioneering step by launching a fund on the Solana blockchain, joining the wave of asset managers leveraging Web3 solutions. 🚀🔗 With platforms like Libre also stepping into the spotlight, the potential for tokenized investments and seamless digital asset management is growing exponentially. This integration is set to revolutionize how investments are managed, traded, and accessed. Check out this explainer video for more insights on this innovative development. #Blockchain #AssetManagement #HamiltonLane #Solana #Web3 #Innovation

Finance just became more accessible. Real World Asset projects on Solana let you invest in alternative assets like private credit funds, real estate, U.S. treasuries and commodities (like oil and gas) with much lower investment requirements than traditional finance mechanisms! This is finance for everyone, fully on-chain.

Exciting news in the world of blockchain and alternative assets! Here's a video explainer on how Libre, a joint venture between Brevan Howard's WebN Group and Nomura's Laser Digital, is bringing institutional-grade funds to the Solana blockchain -- starting with Hamilton Lane's private credit SCOPE fund. This move signifies a major step in the tokenization of real-world assets (RWAs) and showcases Solana's growing importance in financial services. Want to learn more about how this could reshape institutional investing and digital assets? Watch the full video in this post!

Alternative investments such as private credit funds have traditionally been difficult to access, typically requiring up to $250k to invest. Today, Libre launched on Solana, opening doors to private market investments with two stalwarts of alternative investments: Brevan Howard and Hamilton Lane. Using Libre, you can invest in alternative assets with just $10,000, all from the convenience of your phone or browser: - Open to virtually any accredited investor - Withdraw monthly for a modest fee - Utilize assets in Solana DeFi - Access to a 24/7 global market Libre's protocol is the latest development in a growing trend on Solana, where institutions and businesses are leveraging tools like token extensions to issue programmable real-world assets onchain, including government bonds, real estate, and stablecoins. The best part? The democratization of finance on Solana is just beginning.

After a successful alpha launch on Polygon, Libre is expanding its reach across multiple chains and has been gearing up for the much-anticipated Solana release. We have now introduced institutional Real World Assets (RWAs) to the Solana Ecosystem, revolutionising the landscape for accredited, professional, and institutional investors. "Libre's infrastructure serves as the cornerstone, seamlessly connecting tokenized RWAs to users, offering direct access to top-tier funds on-chain in a fully compliant manner. Additionally, ancillary services for secondary trading and collateralized lending will be available, enhancing the overall user experience. According to Libra's Sehra, Solana's exceptional "low latency and throughput capability" positions it as an ideal network for tokenization." Exciting developments are on the horizon as Libre continues to pave the way for innovative on-chain wealth management services within the crypto world. https://lnkd.in/eBRTrVWb