NuLink, a Singapore-based company developing data privacy solutions for Web3 dApps, raised $11.3M in funding.
The round was led by DWF Labs, Poolz, and ViaBTC, with CheckPush, 0xwilds, Coinvestor, 0xbull, Alpha Capital, MNST Platform, and Aza Ventures as additional investors.
The company intends to use the funds to advance its technology, expand capabilities, and ensure comprehensive training to support the upcoming listing on Bybit, Kucoin and Gate.io scheduled for 16th of May, 2024.
Led by CEO NuLink is focusing on keeping data safe and private by combining blockchain technology with advanced security methods like proxy re-encryption and attribute-based encryption, while also using secure computation techniques like zero-knowledge proof, secure multi-party computation, and fully homomorphic encryption. These technologies make NuLink essential for any dApp that needs to handle sensitive data while maintaining privacy.
FinSMEs
16/05/2024