Kuru Labs has secured $11.5 million in a Series A funding round led by Paradigm to develop a central-limit order book with automated market-making capabilities on the Monad blockchain.
Kuru Labs has successfully completed an $11.5 million Series A funding round, led by Paradigm, to enhance its decentralized exchange offerings on the Monad blockchain. The funding will support the development of a hybrid trading platform that combines order book architecture with automated market-making features, aiming to improve liquidity and trading efficiency. The round included participation from several angel investors, reflecting robust interest in the project.