DeFi platform Elixir has recently raised $7.5 million in a Series A investment fund, led by Hack Venture Capital, which has resulted in a significant increase in the protocol’s valuation, now reaching $100 million.
Additional participants in this funding round included AngelList Ventures, NGC Ventures, Bloccelerate, Hudson River Trading, Genesis Trading, and angels from Ledger Prime, further highlighting the interest and support Elixir has garnered in the market.