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Elys Network completes $2.50 million seed round

Elys Network, the Cosmos ecosystem crypto trading platform, announced the completion of a $2.50 million seed round of financing, with participation from Comma3 Ventures, Cogitent Ventures, Persistence One, and Kahuna. The valuation has not been disclosed yet. Elys Networ is a DeFi Layer 1 application chain on Cosmos Hub, providing native Bitcoin staking, automated market making, and multi-asset index pools.