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HYPE $56.99 +1.17%
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XLM $0.1567 -1.54%
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Haun Ventures invests $20 million in Ellipsis Labs to fund the launch of the new chain Atlas

2024-11-01 00:14:54

ChainCatcher news, the team behind the Solana ecosystem decentralized exchange platform Phoenix, Ellipsis Labs, announced the completion of a $20 million funding round, with participation from Haun Ventures, aimed at accelerating the launch of the layer two blockchain Atlas focused on verifiable finance. Haun Ventures described this funding round as a "quick follow-up" to Ellipsis Labs' $20 million Series A funding completed in April.

According to Web3 asset data platform RootData, Ellipsis Labs completed a $20 million funding round in April this year, led by Paradigm and with participation from Electric Capital.

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