PANews reported on April 22 that according to Cointelegraph, Astra Fintech, a global blockchain payment provider, announced that it has established a $100 million fund to support the development of the Solana ecosystem in Asia. Through the fund, Astra Fintech plans to invest funds to accelerate the development of related projects and establish partnerships with developers, companies and regulators. The fund's operating base will be located in South Korea. The fund will focus on projects and developers engaged in PayFi solutions, a series of systems that use blockchain technology to facilitate payments.