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Synopsis
Pantera Capital, an investment fund focused exclusively on digital currency and blockchain tech, led a $15m Series A funding round in 0x Labs, a firm focused on creating new markets in the 0x ecosystem. The round had participation from Jump Capital, Nima Capital, Blockchain.com Ventures, Nascent Ventures, Coinbase Ventures, IOSG Ventures, DeFi Alliance, and a host of operators, market makers, and builders across DeFi. "The past 12 months have been pivotal for our team. After spending three years developing 0x Protocol to serve as a decentralized exchange infrastructure layer and the foundation for open and globally accessible markets, our organization expanded our focus in 2020 to include building vertically on top of 0x Protocol to drive growth and adoption," Amir Bandeali, 0x Labs Co-founder and CTO.
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