PayPal Ventures, the global venture capital arm of PayPal, has announced an additional investment in Chaos Labs, a leader in on-chain risk management. This investment underscores PayPal Ventures' confidence in Chaos Labs' potential and its blockchain products.

Omer Goldberg, CEO and Founder of Chaos Labs, said: "We are excited to receive the strong confidence and additional support from the team at PayPal Ventures. Edge by Chaos is the culmination of our company's work and expertise. Edge pricing, risk and proof provides meaningful and unparalleled contextualized risk and pricing data for assets including stablecoins and other real-world assets, as well as the crypto assets and venues that provide access to them."

Last month, Chaos Labs announced the closing of a $55 million Series A funding round led by Haun Ventures, with participation from notable new investors including F-Prime Capital, Slow Ventures, and Spartan Capital, as well as existing investors such as PayPal Ventures. Chaos Labs has seen significant growth, tripling its customer base and achieving billions of dollars in transaction volume, loans, and incentives.