The Block••1 min read
Trove Markets Pivots to Solana After $11.5M Raise, Cites Liquidity Issues
Trove Markets has announced a sudden pivot to Solana, just hours before its token was scheduled to launch. This development comes a week after the company raised $11.5 million to construct a perpetual decentralized exchange (DEX) on Hyperliquid. According to reports, Trove attributed the change to issues with a liquidity partner. The move signifies a shift in strategy for the company, redirecting its focus from Hyperliquid to the Solana blockchain for its DEX development.
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