The new business is the latest of several digital asset companies Deus X Capital has a hand in.
Deus X Capital has expanded its developing digital asset ecosystem with the launch of Solstice Labs, a business that will offer institutional-grade decentralized finance (DeFi) investment products. It appears two days after Deus X Capital debuted Cor Prime, a prime of prime broker dedicated to the digital asset market.
Solstice Labs was announced after the Solana Breakpoint 2024 event at Token2049. It expects to launch its first project early in 2025 on the Solana blockchain. Deus X Capital described that project as “a protocol offering enhanced yield opportunities.” It will launch with over $100 million total locked value thanks to Deus X Capital support.
Deus X Capital is a $1 billion family office-backed investment and operating company founded in October 2023. Deus X Capital CEO Tim Grant is the co-founder and chairman of Solstice Labs. Grant said in a statement:
