Ellipsis Labs, a prominent player in the crypto exchange sector, has secured $20 million in Series A funding, with Paradigm taking the lead in the investment round. In a recent post on X, the company said that the the funding will enable Ellipsis Labs to further expand its decentralized finance (DeFi) technology stack. Joining Paradigm in the investment round was Electric Capital, with additional support from notable figures such as Justin Drake and Mike Neuder from the Ethereum Foundation, Sreeram Kannan from EigenLayer, Anatoly Yakovenko from Solana Labs, Uri Klarman from bloXroute, and others.