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Decentralized exchanges allow for peer-to-peer crypto transactions to take place without a centralized intermediary. 0x Labs builds infrastructure for decentralized businesses and developers. \"We help businesses to eliminate the complexity of building in the increasingly fragmented decentralized exchange space;;\" 0x Labs co-founder and co-CEO Amir Bandeali said. \"We provide solutions that make it easy for app developers to incorporate exchange functionality and deliver the best selection of tokens at the best prices to their users.\" Bandeali founded 0x Labs with Will Warren in 2016. The Bay Area-based startup closed a $15 million in Series A funding round last year;; led by Pantera Capital. Individual cryptocurrencies are struggling this year;; after performing strongly in 2021. Bitcoin is down 23% and ethereum has fallen 26% year-to-date. 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