Elixir is a promising decentralized protocol that aims to revolutionize the integration and security of market-making across centralized and decentralized exchanges in the Blockchain, Crypto, and Web3 industries. With its founding in 2022, the company has rapidly garnered attention, recently securing a significant $8.00M Series B investment on 12 March 2024. This injection of capital was led by a consortium of notable investors including GSR Ventures, Amber Group, Mysten Labs, Manifold, Maelstrom, and Flowdesk, showcasing the confidence that key players in the industry have in Elixir's potential. The company's slogan, "Experience seamless integration and secure market-making across both centralized and decentralized exchanges," encapsulates its core mission, highlighting its focus on computationally secure, algorithmic market-making to enable full composability for integrations. Elixir's innovative approach and recent investment underscore the growing importance of decentralized protocols and market-making solutions within the evolving landscape of digital asset trading.
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