Jupiter Exchange secured a $35 million strategic investment from ParaFi Capital to expand its onchain financial infrastructure. The deal was executed at spot price and will be settled entirely in the JupUSD stablecoin. ParaFi Capital agreed to an extended token lockup period, aligning the investment with the ecosystem’s long-term development.
The funds will be used to grow onchain infrastructure, strengthening Jupiter’s position as a liquidity and trading layer within the Solana ecosystem. The deal represents a vote of institutional confidence in the project and prioritizes infrastructure development over short-term growth.
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