PANews April 30 news, according to The Block, Solana revenue trading platform Exponent has completed a $5 million seed round of funding, led by Multicoin Capital, with participation from Solana Ventures, RockawayX, L1D, Prelude, Theia Blockchain, and Solana Labs CEO Anatoly Yakovenko. This round is structured as a SAFE with token warrants, and valuation has not been disclosed. Exponent plans to launch a new version of the platform next month, expanding from single-rate trading to revenue infrastructure, introducing an on-chain rate order book and strategy vault, supporting the conversion of floating revenue into fixed or leveraged positions, and issuing fixed-rate cycles, hedging, and other strategy products by asset managers. Since its launch at the end of 2024, the platform has processed over $2 billion in revenue trades and served more than 35,000 users. The new financing of about $1 million will be used for security investments such as auditing and bug bounties.

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