0x and Celo Partner to Allocate $4.5M in Joint Funding to Bring Billions of New Users Onto 0x-Powered Applications

0x Labs, a global blockchain company building decentralized exchange infrastructure for the internet, today announced that in addition to launching its free-to-use 0x API service on the Celo blockchain, 0x and Celo have partnered to allocate $4.5M in joint funding to the community-owned 0x DAO. The funding, consisting of $3M in CELO and $1.5M in ZRX, will be used to bring 6 billion new users onto 0x-powered applications running on the Celo blockchain.