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Neon Labs Raises $40M to Bring EVM Functionality to Solana

The Ethereum-compatible environment could lead to implementations of popular DeFi protocols on the blockchain.

Neon Labs Director Marina Guryeva (right) speaks at the Breakpoint conference in Lisbon, Portugal. (Danny Nelson/CoinDesk)
Neon Labs Director Marina Guryeva (right) speaks at the Breakpoint conference in Lisbon, Portugal. (Danny Nelson/CoinDesk)