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Elys Network Completes $2.5 Million Seed Round

Elys Network Completes $2.5 Million Seed Round

CointimeCointime2024/06/17 16:07
By:Cointime

Elys Network, a Cosmos-based encrypted trading platform, announced the completion of a $2.5 million seed round of financing, with participation from Comma3 Ventures, Cogitent Ventures, Persistence One, and Kahuna, among others. The valuation has not been disclosed yet. Elys Network is a DeFi Layer 1 application chain on Cosmos Hub, providing native Bitcoin collateral, automated market making, and multi-asset index pools.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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