Solana DeFi Platform Drift Completes $25 Million Series B Funding Round, Led by Multicoin Capital

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September 19, 2024
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On September 19, according to Fortune Magazine, Solana-based DeFi platform Drift secured $25 million in Series B funding, led by Multicoin Capital with participation from Blockchain Capital, Primitive Ventures, Folius Ventures and others.

Cindy Leow, co-founder of Drift Labs, said her goal is to make Drift "the Robinhood of crypto" by building a suite of financial service tools, including spot and derivatives trading and prediction markets, all based on Solana.

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