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.

Electric Capital

Paradigm

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.

https://ellipsislabs.xyz/

Financial Services

New York

Ellipsis Labs

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.

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