Ellipsis Labs Gains $20M for DeFi Initiatives in Latest Funding Round
Key Takeaways Ellipsis Labs has raised $20 million in Series A funding to enhance its DeFi solutions, with Paradigm leading the investment effort; The funding round included investments from notable figures and institutions within crypto; Ellipsis Labs is the developer behind Phoenix, a decentralized exchange on the Solana blockchain.
Key Takeaways
- Ellipsis Labs has raised $20 million in Series A funding to enhance its DeFi solutions, with Paradigm leading the investment effort;
- The funding round included investments from notable figures and institutions within crypto;
- Ellipsis Labs is the developer behind Phoenix, a decentralized exchange on the Solana blockchain.
