The round was led by led by Multicoin Capital.Drift plans to build an array of financial services tools, including spot and derivatives trading and a predictions market to become the "Robinhood of crypto,

Drift Labs, the developer of a decentralized finance platform built on the Solana blockchain, announced Thursday it has raised $25 million in new funding to expand its services. The Series B round was led by Multicoin Capital and attracted investments from Blockchain Capital,

Drift, a decentralized finance (DeFi) platform built on the Solana blockchain, has raised $25 million in a Series B funding round led by Multicoin Capital.

Drift Labs raised $25M in Series B funding, aiming to expand its spot trading, derivatives, and prediction markets on Solana.