PayPal co-leads $20M seed funding for on-chain danger optimizer Chaos Labs

Funds big PayPal (NASDAQ:) and funding administration agency Galaxy joined fingers to boost $20 million in seed funding for Chaos Labs, a New York-based cloud platform for securing blockchains and protocols.

With an automatic danger administration platform, Chaos Labs protects crypto protocols towards exterior exploits and dangers. The platform does this by providing agent and scenario-based simulations, which helps safe protocols towards financial vulnerabilities and market manipulation occasions.

Proceed Studying on Coin Telegraph