Pye Finance completes $5 million seed round financing

Jinse Finance reported that Pye Finance has completed a $5 million seed round, co-led by Variant and an exchange, with participation from Solana Labs, Nascent, Gemini, and other companies. This startup is building an on-chain marketplace on Solana for time-locked staking positions, aiming to make locked-up stakes transferable and easier to structure into fixed-term products.