Automata Secures $2.4 Million To Provide Privacy Middleware for The Web 3 Eco...
Web3 has taken huge strides towards a fully self-sustaining ecosystem of peer-to-peer transactions and frictionless finance this year. In order to develop a healthy web3 economy, new services like Automata Network will help fulfill the wide list of market demands like private computation. Automata Network is described as the last piece of the web3 puzzle, […]
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Automata Network is flying high as the top dog in the privacy solution space for web3 dApps, having just completed a raise of $2.4 million. The latest funding round included top crypto investors KR1, Jump Trading, and IOSG Ventures. Keld van Schreven, Managing Director and Co-Founder of KR1, said of their investment, “From the team’s […]
Privacy is a commodity that many cryptocurrency enthusiasts are looking for, yet only a few can achieve it. Making this feature opt-in is not ideal, which is why the demand for privacy-oriented protocols is on the rise. Panther Protocol aims to provide interoperable privacy to DeFi and raised $8 million to make this come true. […]
Thanks to the DeFi revolution, it’s no longer companies extracting value from users, rather it's developers extracting value from protocols. Cryptocurrencies and the wider blockchain ecosystem are helping change the status quo of how we conduct our day-to-day lives. With these emerging technologies, Web3 is being ushered in as a permissionless and open innovation using middleware blockchain protocols. By doing so, they’re replacing middlemen software-as-a-service (SaaS) companies by capturing value at a greater level.Middleware protocols are by no means new. After all, Web2 is supported by....
The decentralized finance industry has noted substantial initial success, but there is still room for improvements. Panther Protocol acknowledges the growing demand for privacy-oriented solutions in this space. By securing $8 million in private funding, the team can bring interoperable privacy to DeFi users worldwide. Enhancing Zero-Knowledge Proofs With Panther Protocol Anyone who has kept […]
The non-fungible token and blockchain gaming company Animoca Brands has announced the firm has raised $75 million from investors such as Kingsway Capital, Liberty City Ventures, and others. The capital injection of $75 million brings Animoca’s overall pre-money valuation to $5.9 billion.
Animoca Brands Secures $75 Million to Bolster Digital Property Rights
The Hong Kong-based crypto gaming, NFT, and venture capital company Animoca Brands has raised $75.32 million, according to an announcement published on July 12. The newly raised capital stems from investors like Cosmic....