Solana’s TradeNeutral Secures $2M Funding to Boost Onchain Hedge Fund

TradeNeutral, a Solana-based onchain hedge fund, has successfully raised $2M in funding from ErgoniaTrading, SkylandVC, and angel investors from Phantom, Drift, and Sanctum.

With an existing Total Value Locked (TVL) of $23M, the team plans to allocate the new capital toward developing tokenized quantitative strategies, ETF-style products, and infrastructure for cross-chain margin trading.