0x Labs Secures $70 Million Series B Investment From Pantera Capital
0x Labs, a company that develops open source technologies for the cryptocurrency industry, has recently secured funding to expand its decentralized exchange infrastructure worldwide. The new funding will allow the company to expand into new markets, such as the U.S., and will also help develop new products and services. The company’s 0x protocol, which is based on a decentralized exchange infrastructure, has proven to be very popular amongst developers, but will also be useful for the general public. In this article, we will discuss about Labs 15m Series Pantera Capitalmcsweeney.
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Early model year Panteras
Considering the number of Panteras produced in the early model year, it is difficult to gauge how much value they have today. However, you can count on them to be fun to drive and affordable. Depending on your preferences and the quality of the vehicle, the early model year Panteras could be well worth the investment.
The Pantera boasts a rear mid engine layout and independent unequal length A-arm suspension. Rack and pinion steering, four-wheel disc brakes, and air conditioning are some of its standard features. The cabin is period-perfect and features Veglia gauges and gated window regulators.
The Ford engine was the most powerful in Pantera’s line, producing 300 horsepower. It was coupled with a five-speed ZF transaxle. The engine also featured a racy ‘Cobra Jet’ camshaft that provided the same lift as a 428 Cobra Jet performance cam.
The Pantera was offered in two different styles, the GTS and the Group 3. The latter was a motorsport oriented version of the former.
0x Labs’ new funding will enable it to expand globally
0x is a global blockchain company that powers defi applications on a growing number of different chains. It provides a decentralized exchange infrastructure that enables developers to build and run decentralized exchanges with minimal costs. It also serves as the open-source standard for the DeFi industry. It supports over seven major blockchains and over 3.5 million users. The 0x protocol has a large following, with more than $15 billion in trading volume to date.
0x Labs recently launched a free 0x API service on the Celo chain. The 0x protocol isn’t just for trading though, it’s also used for smart content and self-executed licensing transactions on the Ethereum blockchain. 0x also supports the latest technologies, including cross-chain integration, NFT swaps and smart contracts.
0x Labs has also gotten a boost in funding. The company secured $70 million in funding in April 2022. The funds will be used to expand the company’s global presence and build out the 0x API.
0x Labs’ open-source protocol
0x Labs has raised $70 million in Series B round led by Pantera Capital. The investment will help the company grow its business and develop an open-source protocol for NFT swaps. It also plans to build an integrated trading desk and an API for developers. The company also plans to expand its platform to support more blockchains.
Labs 15m Series Pantera Capitalmcsweeney’s mission is to develop an open-source protocol and global financial system. Its team has a diverse set of top talent from leading technology companies. The company’s team is distributed across the world. Its infrastructure is free to use and provides individuals with greater financial sovereignty.
0x Labs’ open-source protocol allows developers to integrate cross-platform asset swaps into apps. Its settlement logic checks the digital signature of makers and verifies trade conditions. This infrastructure has allowed over $15 billion in trading volume. The company plans to add additional chains and APIs to the platform and expand its global reach.
0x Labs’ decentralized exchange infrastructure
0x is an open source decentralized exchange protocol and infrastructure. It facilitates peer-to-peer exchange of tokenized assets on the Ethereum blockchain. The protocol is a set of secure smart contracts that allows developers to build applications that incorporate exchange functionality. It has been used by a variety of decentralized exchanges, including Zerion, Nuo, and DeFi Saver.
It uses a proof-of-work mechanism to power its core technology. Its state channels reduce transaction costs and connect liquidity supply with trading demand. It also uses automated market markers to help market makers create markets for cryptocurrencies. The company’s platform also features a liquidity programming interface that allows developers to find the best prices and throughput for their transactions.
The company recently secured $70 million in Series B funding led by Greylock Partners, Jump Crypto, and OpenSea. This will help it to further expand support for NFT swaps. The funding will also be used to grow the company’s DEX aggregator product Matcha.