Elys Network completes $2.5 million seed round financing

2024-06-17 15:51:55

Golden Finance reported that 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, Kahuna, and others. The valuation has not been disclosed yet. Elys Network is a DeFi Layer 1 application chain on Cosmos Hub, providing native Bitcoin staking, automated market making, and multi-asset index pools.

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