
Chaos Labs, a blockchain risk analytics firm whose team includes former members of the Israeli special forces, announced on Tuesday that it's received $20 million in seed funding in a round led by PayPal Ventures and Galaxy Digital.
The almost two-year-old company specializes in running worst-case scenario simulations for decentralized finance trading platforms. Other participants in the round include Coinbase, Uniswap, Lightspeed, Bessemer, and angel investors like Balaji Srinivasan and Naval Ravikant.