Galaxy DigitalAnd Paypalspearheaded the raising of $20 million in investment for Chaos Labs.
Large companies saw the bad period of the crypto market as an opportunity for investments. In this context, Paypal and Galaxy Digital Chaos LabsThey invested heavily in .
Chaos Labs Raised Large Investments
Chaos Labs, the startup that provides services as an automated economic security system for crypto protocols, continues to attract attention day by day. The company participated Galaxy DigitalAnd PayPal Ventures$20 million was raised in a seed funding round led by
According to a press release, incoming investments, decentralized finance ( DeFi) protocols will be used to build and expand the suite of risk and security products.
a recent chainalysisAccording to the report, the vast majority of the record $3.8 billion crypto assets stolen by hackers last year were seized from DeFi protocols.
Founded in October 2021, Chaos Labs provides services that provide DeFi protocols with customized automated security monitoring with threat prevention and a simulation engine that helps verify the protocol’s health and stability regardless of current market conditions.
