SVM Network is set to complete a $5 million strategic financing round, with participation from Jump Crypto and others.

According to ChainCatcher news, The Block reported that the SVM network Solana Optimistic Network (SOON) announced the completion of a $5 million strategic financing, with angel investors including Jump Crypto, Amber Group, zkSync's Nana Murugesan, Kamino Finance co-founder Mark Hull, Switchboard founder Chris Hermida, and Wormhole's Tori Cohen participating. SOON plans to use these funds to provide high-performance chains and trading tools, further expand into the RWA field, and enhance its copy trading products.