Chaos Labs, a New York-based cloud platform for the risk management and safeguarding of blockchain protocols, received $20 million in seed funding from investment management company Galaxy and payments giant PayPal. Chaos Labs guards against dangers and external attacks on cryptographic protocols via an automated risk management platform. By providing agent and scenario-based simulations, the platform assists in protecting protocols against economic vulnerabilities and market manipulation incidents.
PayPal Co-leads $20M Seed Funding for On-Chain Risk Optimizer Chaos Labs
