YZi Labs announced a strategic investment in Blueprint Finance, a multi-chain DeFi infrastructure company, to help it expand its ecosystem and accelerate institutional-level DeFi innovation. Blueprint is the core development team of Concrete Protocol on Ethereum and Glow Finance on Solana. This investment will be used to enhance Concrete's technology stack, expand product features, and promote the deployment of its solutions for institutional users. At the same time, Glow will use this funding to launch new mechanisms such as cross-application margin accounts, automated income vaults, and staking markets, and continue to develop more product features.
Alex Odagiu, Investment Director of YZi Labs, said: "YZi Labs has been committed to supporting innovative products that drive sustainable growth in DeFi. Blueprint has proposed solutions to key challenges in liquidity and asset management, providing developers, end users and institutions with a wider access path. There is reason to believe that the scalable and secure system built by Blueprint will play a key role in the future development of DeFi, and we look forward to supporting its continued growth and innovation."
