Quick take:
- The fund targets sustainable, revenue-generating projects in DeFi, payments, AI-driven systems, and tokenized real-world assets.
- Solayer’s SVM-powered layer-1 blockchain boasts a throughput of over 330,000 transactions per second and settlement finality of approximately 400 milliseconds.
- The company said projects focused on tokenized U.S. Treasuries and AI-powered trading products are already in development.
Solayer, the SVM-powered layer-1 blockchain, has launched a $35 million ecosystem fund backed by Solayer Labs and the Solayer Foundation. According to the announcement, the fund will be used to support blockchain applications built on its infiniSVM network.
Solayer’s SVM-powered layer-1 blockchain boasts a throughput of over 330,000 transactions per second and settlement finality of approximately 400 milliseconds. The ecosystem fund primarily targets sustainable, revenue-generating projects in DeFi, payments, AI-driven systems, and tokenized real-world assets. The company said projects focused on tokenized U.S. Treasuries and AI-powered trading products are already in development.
“We’re solving for real-time behavior, immediate, guaranteed settlement, and low latency,” Joshua Sum, Solayer’s chief product officer, told CoinDesk. “Most blockchains still batch transactions, like legacy financial systems. We want to replace that with actual real-time clearing.”
The company plans to carefully curate qualifying projects based on performance indicators like durability, protocol revenue, and transaction volume, among others.
The announcement comes barely a month after the company announced the launch of the InfiniSVM Mainnet Alpha on December 11. Dubbed the “most performant SVM chain in existence,” the layer-1 blockchain is designed to power the next frontier of blockchain apps, which the company says won’t be static. “They will be reactive.”
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