Elixir completed $8 million in Series B financing, led by Arthur Hayes family office Maelstrom and others

Elixir, a decentralized network dedicated to improving liquidity for order book exchanges, announced that it has recently completed a $8 million Series B financing round, bringing the company's valuation to $800 million. This round of financing was jointly led by Mysten Labs and Maelstrom, the family office of BitMEX founder Arthur Hayes, with participation from Manifold, Arthur Hayes, Amber Group, GSR, Flowdesk, and others. Since its Series A and B financing, Elixir's valuation has skyrocketed from $100 million to $800 million, with total fundraising exceeding $17 million. Elixir's CEO, Philip Forte, announced the upcoming launch of the network's mainnet and introduced the "Alchemist" function, which allows users to track contributions and interact with Elixir on social media.