BlockBeats News, September 24th, according to official sources, the Solana ecosystem Perp DEX Bulk Exchange has completed an $8 million seed funding round, led by 6th Man Ventures and Robot Ventures, with participation from Big Brain Holdings, Wintermute, and Solana co-founder Anatoly Yakovenko.
It is reported that Bulk aims to address issues such as skyrocketing transaction fees and network congestion by directly integrating the execution layer into Solana’s validator stack. Bulk is expected to launch a testnet in the coming weeks and plans to officially launch its mainnet in the fourth quarter.
