Deus X Capital Expands Digital Asset Ecosystem with Solstice Labs

Deus X Capital has recently launched Solstice Labs, a business focusing on providing institutional-grade decentralized finance (DeFi) investment products. This move comes shortly after the introduction of Cor Prime, a prime of prime broker by Deus X Capital. Solstice Labs was unveiled at the Solana Breakpoint 2024 event at Token2049, with plans to debut its first project on the Solana blockchain in early 2025. The project aims to offer enhanced yield opportunities and will start with over $100 million in total locked value, supported by Deus X Capital.

Deus X Capital CEO Tim Grant, who is also the co-founder and chairman of Solstice Labs, emphasized the importance of this new venture in bridging traditional capital markets with the crypto and DeFi ecosystems. Additionally, Deus X Capital has committed up to $100 million in risk capital to Cor Prime, which is set to begin commercial lending in 2025 pending regulatory approvals in Bermuda and Abu Dhabi. The company’s ecosystem is further strengthened by its liquidity provider Alpha Lab 40 and software and AI business APEX:E3, in which Deus X Capital made a strategic investment in July. Alpha Lab 40, founded by Stuart Connolly, operates under the leadership of Grant, who also chairs APEX:E3.

Deus X Capital’s involvement extends to incubator projects like TradeLocker and FunderPro, as well as the creation of Bridgetower Middle East in partnership with Bridgetower Capital. This crypto infrastructure platform, established in the Abu Dhabi Global Market with $250 million in funding, showcases Deus X Capital’s commitment to fostering innovation and growth in the digital asset space.