EdRoy
2023-02-23

PayPal Leads $20 Million Chaos Labs Funding. And about Chaos Labs, a provider of automated economic security solutions for crypto protocols, has raised $20 million in seed funding. Galaxy and PayPal Venture, the VC arm of global payments processing giant PayPal, led the round. Coinbase, Uniswap, Lightspeed, Bessemer, Hashkey were among the other institutional contributors. In addition, there were six angel investors. Chaos Labs plans to use the funds to develop new services and increase the variety of security and risk management products it offers.$PayPal(PYPL)$

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