DeFi

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.&nbsp;
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.
<h2 id="creating-a-constellation-of-digital-asset-businesses">Creating a constellation of digital asset businesses</h2>
Deus X Capital is a $1 billion family office-backed investment and operating company <a data-ct-non-breakable="null" href="https://deusx.capital/digital-assets-investor-and-operator-deus-x-capital-launches-with-1bn-in-investment-assets-and-capital/" rel="noopener noreferrer nofollow" target="null" text="null" title="null">founded</a> in October 2023. Deus X Capital CEO Tim Grant is the co-founder and chairman of Solstice Labs. Grant said in a statement:
<blockquote>
 “Solstice Labs represents a key pillar in the Deus X Capital strategy to invest in and build enterprises that act as a bridge between traditional capital markets and crypto and DeFi ecosystems.”
</blockquote>
Grant is also the CEO of Cor Prime, to which Deus X Capital has <a data-ct-non-breakable="null" href="https://corprime.com/cor-prime-to-be-regulated-digital-assets-commercial-lending-prime-broker-unit/" rel="noopener noreferrer nofollow" target="null" text="null" title="null">pledged</a> up to $100 million in risk capital. It will commence commercial lending in 2025, pending regulatory approval in Bermuda and Abu Dhabi.
Those businesses will be supported Deus X Capital-owned liquidity provider and market maker
Alpha Lab 40 and advanced software and artificial intelligence business APEX:E3. Deus X Capital <a data-ct-non-breakable="null" href="https://deusx.capital/deus-x-capital-announces-strategic-investment-in-analytics-and-ai-focused-apexe3/" rel="noopener noreferrer nofollow" target="null" text="null" title="null">made</a> a strategic investment in APEX:E3 in July.
Related: <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/borderless-capital-announces-100-m-third-de-pin-fund" rel="noopener noreferrer nofollow" target="null" text="null" title="null">Borderless Capital announces $100M for third DePIN fund</a>
<figure><img alt="Deus X Capital unveils Solstice Labs to boost institutional DeFi growth" name="" src="https://s3.cointelegraph.com/uploads/2024-09/01920b98-3130-70dc-ba16-711033ff7d4b">
 <figcaption style="text-align: center;">
 Source: <a data-ct-non-breakable="null" href="https://x.com/StuartC_DX/status/1834186946991579638" rel="noopener noreferrer nofollow" target="_blank" text="null" title="https://x.com/StuartC_DX/status/1834186946991579638">Stuart Connolly</a>
 </figcaption>
</figure>
Alpha Lab 40 emerged from incubation with the opening of Deus X Capital. It was founded by Stuart Connolly, who remains its CEO, as well as Deus X Capital chief investment officer. Grant, a former Galaxy Digital executive, is chairman of Alpha Lab 40 and APEX:E3.
Deus X Capital also counts digital asset companies TradeLocker and FunderPro among its incubator projects. It <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/deus-x-bridgetower-debuts-250m-digital-asset-venture-middle-east" rel="noopener noreferrer nofollow" target="null" text="null" title="null">partnered with Bridgetower Capital</a> to create crypto infrastructure platform Bridgetower Middle East in the Abu Dhabi Global Market in February with $250 million in funding.
Magazine: <a data-ct-non-breakable="null" href="https://cointelegraph.com/magazine/how-smart-people-invest-in-dumb-memecoins-3-point-plan-for-success/" rel="noopener noreferrer nofollow" target="null" text="null" title="null">How smart people invest in dumb memecoins: 3-point plan for success</a>

Deus X Capital unveils Solstice Labs to boost institutional DeFi growth

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