Solido Raises $800K to Develop Core DeFi Primitives for Supra’s AutoFi Stack

Solido Money, a Web3 venture studio focused on building foundational DeFi primitives for Supra’s Layer-1 blockchain, has secured $800,000 in a strategic funding round. The investment was led by Supra and Cashaa, with participation from HELLO Labs, Spartan Ventures, K10 Capital, and a cohort of prominent angel investors.

"Solido’s modular DeFi approach equips developers with the tools needed to craft sophisticated financial strategies," said Amzad Raza Khan, CEO of Cashaa. The funding underscores confidence in programmable, automated capital systems as the next frontier in decentralized finance.

The studio is developing a composable DeFi stack featuring three core components: FLOW for liquid staking, Cash for stablecoin solutions, and Grow for tokenized yield. These primitives aim to deliver deep liquidity, capital efficiency, and programmable yield generation—cornerstones of Supra’s on-chain financial infrastructure.

"Solido’s liquid staking and yield optimization solutions present a unique value proposition," noted Sander Görtjes, CEO of HELLO Labs. The project aligns with Supra’s AutoFi framework, an automated system for protocol-native execution and real-time capital deployment.