Flying Tulip has closed a funding round led by Amber Group and Fasanara Digital, underscoring strong investor confidence in its DeFi infrastructure architecture and growth plan for 2025–2026.

The round positions Flying Tulip as a meaningful contributor to DeFi infrastructure, likely shaping VC priorities and technical approaches in the current cycle.

The perpetual put aims to keep funds locked while enabling deployment of up to $1 billion into on‑chain strategies, targeting around 4% annual yield to support growth, incentives, and buybacks.

A token generation event will precede the broader platform rollout, following the completion of pending public token sales.

The project plans further fundraising through whitelist rounds to reach a target near $1 billion, with soft commitments around $1.36 billion and about $400 million of capacity remaining.

An on‑chain exchange is planned to consolidate spot trading, perpetuals, lending, and a native stablecoin ftUSD, with insurance and options added over time, with key components live after the token generation event.

Funds will accelerate platform development, expanding engineering and security teams and advancing core protocol features focused on modularity, cross-chain interoperability, and institutional readiness.

All fundraising is at a fixed price of $0.10 per FT token, with a perpetual put giving downside protection by allowing investors to redeem up to their original principal in contributed assets.

Retail interest has been strong, including a $50 million allocation via Curated (Impossible Finance) and a separate $200 million allocation reserved for CoinList for upcoming rounds.

Regulatory considerations and institutional adoption are central, with a hybrid model of permissioned and permissionless deployments to ease integration with traditional finance, aided by Amber Group’s involvement.

A phased 2025–2026 development roadmap prioritizes core liquidity and lending protocols first, then derivatives and cross‑chain functionality, supported by multiple security audits and testing before wide rollout.

Technical credibility comes from Sonic Labs and Cronje’s leadership, leveraging Fantom’s legacy to push innovations in consensus mechanisms and liquidity management.