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BULLISH 📈 : Jupiter secures $35M investment from ParaFi Capital in JupUSD
Jupiter's $35 Million Investment Deal with ParaFi Capital
- Jupiter, a decentralized exchange aggregator on the Solana #SOL network, secured a $35 million investment from ParaFi Capital in its JUP token.
- The transaction will be settled using Jupiter's stablecoin, JupUSD, which launched in January 2026.
- The deal was closed at the current market price, with ParaFi agreeing to an extended token lockup, although the specific duration was not disclosed.
- JupUSD, backed by USDtb and BlackRock's BUIDL tokenized treasury fund, nearly doubles its circulating supply with this transaction.
ParaFi Capital and Its Investments
- ParaFi Capital manages around $1.4 billion in assets and has invested in various projects within the Solana ecosystem, including SOL Strategies and Metaplex.
- In January 2025, ParaFi invested CAD $27.5 million in Sol Strategies for Solana network infrastructure development.
Jupiter's Market Position
- Jupiter processes over 90% of aggregator volume on Solana, with cumulative trading volume surpassing $1 trillion as of June 2025.
- Coinbase integrated Jupiter’s trading technology in January 2026.
- JUP is currently trading at approximately $0.19, with a market cap of $596.6 million, down 91% from its all-time high of $2.00 in January 2024.
