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ecosystems
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information technology
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Venture Capital
Synopsis
Greylock, a venture capital firm, led a $70m funding round in 0x Labs, an open protocol that enables the peer-to-peer exchange of assets on the Ethereum blockchain,.with participation from Pantera, Sound Ventures, A.Capital, Jump Crypto, OpenSea, Coinbase, Brevan Howard, Reid Hoffman, and Jared Leto. “All verticals of Decentralized Exchange exploded in 2021. What’s exciting is that we are still very early on the DEX adoption curve. 0x Labs is at the forefront of that development and is perfectly positioned to lead the Web3 charge as more and more value is tokenized and needs a standard to be moved and exchanged. The 0x Labs team have been around since the early days of Ethereum and play such a significant role in the broader web3 ecosystem. We are really excited to work with the 0x Labs team as they level up Web3,” Sarah Guo, Greylock Partner.
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