Golden Finance reports that cryptocurrency investment firm Deus X Capital announced the launch of its DeFi business, Solstice Labs, on Friday. The company stated that Solstice Labs is building institutional-grade DeFi products and protocols that are accessible to all investors. Deus X said that the business's first project is a protocol designed to provide higher yield opportunities, expected to launch in early 2025. According to reports, Deus X Capital has reached $1 billion in assets under management since its establishment in October last year.