Ellipsis Labs: Revolutionizing DeFi with $20M Funding
April 6, 2024, 3:35 am
Ellipsis Labs, the mastermind behind the innovative Phoenix exchange, has secured a whopping $20 million in Series A funding. Led by Paradigm and Electric Capital, this investment will fuel Ellipsis Labs' mission to disrupt the financial landscape by offering cutting-edge DeFi products. Co-founded by Eugene Chen and Jarry Xiao, Ellipsis Labs is on a quest to blend the best of decentralized infrastructure with the efficiency of traditional markets. Their flagship product, Phoenix, is a game-changer in the world of on-chain exchanges, boasting high throughput, transparency, and accessibility. With a focus on empowering users and enhancing liquidity, Phoenix is reshaping the way we trade cryptocurrencies. Get ready to witness the future of finance unfold before your eyes with Ellipsis Labs at the helm.