Partnered With:

Elixir Protocol has completed a $7.5 million Series A funding round led by Hack VC, with a valuation of $100 million.

According to BlockBeats news on October 18th, DeFi protocol Elixir Protocol has completed a $7.5 million Series A financing round at a valuation of $100 million. The round was led by Hack VC with participation from NGC Ventures, AngelList Ventures, Bloccelerate, BODL Ventures and others. Earlier this year, Elixir Protocol announced the completion of a $2.1 million seed round, with participation from FalconX, Commonwealth, OP Crypto, ChapterOne and Bitmex founder Arthur Hayes.

Source

Correction/Report

RelatedRecommended

Elixir Protocol: DeFi protocol to decentralize market making

"Elixir project is able to incentivize liquidity and algorithmic market making in its centralised and decentralised trading pairs"

Financing Highlights | a16z leads investment in Story Protocol developer; Hack VC leads investment in Bitcoin re-staking platform SatLayer

The total number of financings last week was 20, with a total amount of approximately US$190.62 million and an average financing amount of US$9.531 million.

Financing highlights | Hack VC leads investment in AI project Grass Network; Ripple co-founder Chris Larsen leads investment in decentralized clearing network Yellow Network

What is Elixir with a total financing amount of over US$17 million? (with interactive tutorial)

Web3 Social Protocol Lens Protocol testing tutorial

Perform the Lens Protocol test in three steps

On-Chain Activity