Paradigm Leads $20 Million Funding Round for Ellipsis Labs
Venture capital firm Paradigm has led a $20 million Series A funding round for decentralized exchange developer Ellipsis Labs.
This significant investment will be used by Ellipsis Labs to expand its platform and innovate within the DeFi (Decentralized Finance) space. The funding round led by #Paradigm will greatly contribute to the development and adoption of DeFi projects.
Paradigm is known for its long-standing investments in innovative blockchain and cryptocurrency projects. This investment in Ellipsis Labs once again demonstrates the firm's confidence in the DeFi ecosystem and its belief in its future potential.
Ellipsis Labs aims to provide decentralized exchange solutions that allow users to trade more securely and efficiently. With this new funding, they plan to further develop their platform and offer a broader range of services to their users
