Elys Network Completes $2.5 Million Seed Round, with Cogitent Ventures and Others Joining

Odaily News Elys Network, a crypto trading platform in the Cosmos ecosystem, announced on the X platform that it has completed a $2.5 million seed round of financing, with participation from Comma3 Ventures, Cogitent Ventures, Persistence One, and Kahuna. Elys Network is a DeFi Layer 1 application chain on the Cosmos Hub, providing native Bitcoin staking, automated market making, and multi-asset index pools.