Ellipsis Labs raised $20 million in Series A funding led by Paradigm to accelerate efforts in creating a new financial ecosystem with its decentralized exchange Phoenix.
Ellipsis Labs raised $20 million in Series A funding led by Paradigm to accelerate efforts in creating a new financial ecosystem with its decentralized exchange Phoenix.
04/04/24, 11:06 AM
Location
new yorkMoney raised
$20 million
Industry
financial services
Round Type
series a
Investors
Electric Capital, Paradigm
Ellipsis Labs, the developer of Phoenix, a decentralized exchange, closed a $20 million Series A funding round led by Paradigm. The funding will be used to accelerate efforts in creating a new financial ecosystem with the decentralized exchange.
Company Info
Location
new york, new york, united states
Additional Info
Ellipsis Labs is the developer of a decentralized exchange called Phoenix, aiming to create a new financial ecosystem that offers competitive financial products on top of high-throughput blockchains with the merging of DeFi‘s accessibility and transparency, and the efficiency of traditional markets.