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Elys Network - Seed
Overview Investors Founders Company Profile / Project Introduction
Overview
About Elys Network - Seed
Elys Network has raised $2.5 million Seed Funding Round from various strategic investors, participation from Cogitent Ventures, Comma3 Ventures, Persistence, Kahuna. These supporters have helped they take a monumental leap towards realizing their vision.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | -- | -- | 66 | -- | ||
| Fund | Unknown | -- | 26 | -- | ||
| Corporate | Unknown | -- | 1 | -- | ||
| Corporate | Unknown | -- | 6 | -- |
Founders & Team
Mitchell Nishimura
Prashant Srivastava
Company Profile / Project Introduction
Elys is a Cosmos SDK built, fast layer 1 blockchain, and is the first, and only, decentralized suite of financial applications in the Cosmos ecosystem with multiple unique features.
- Cutting edge integration for a seamless onboarding experience for non crypto-native users.
- A non-custodial Automated Market Maker (AMM) style Decentralized Exchange (DEX) powered by liquidity providers & liquidity pools.
- Oracle based multi-asset Index pools which increase diversification and reduce volatility.
- Native perpetual trading capabilities including a universal cross collateral vault.
- Leverage LP with access to borrowing on margin to maximize rewards while providing liquidity
- Native bridging capabilities to Ethereum Virtual Machine (EVM) chains & Inter-Blockchain Communication (IBC) enabled blockchains, for optimal UX and value capture.
- On/Off ramps for major fiat currencies.
*Fundraising Announcement: Click here
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