Privacy DeFi platform 0xbow completes $3.5 million seed round led by Starbloom Capital
ChainCatcher reported that the privacy-focused decentralized finance (DeFi) platform 0xbow announced on Tuesday the completion of a $3.5 million seed funding round, led by Starbloom Capital, with participation from an undisclosed exchange, BOOST VC, Status Research & Development GmbH, and several angel investors.
This round of funding will be used to expand its compliant crypto privacy technology, Privacy Pools. Privacy Pools utilizes smart contracts to batch and mix user transactions, thereby obscuring on-chain links while enabling users to prove their compliance with anti-money laundering and other legal frameworks. Its Associated Set Provider (ASP) system monitors deposits for suspicious activity without withholding user funds.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Analyst: Increased Uncertainty in Federal Reserve Policy May Lead to Further Decline in Bitcoin Price
Pacifica adds a liquidation map and will complete the next round of 10 million points distribution tomorrow.
A whale increased holdings by nearly 17,000 AAVE at an average price of $177.
Trending news
MoreAnalyst: Increased Uncertainty in Federal Reserve Policy May Lead to Further Decline in Bitcoin Price
The first TCG platform in the BNB ecosystem, Renaiss Protocol, launches Closed Beta: Blind box cards sold out within three hours of launch, with early incentive activities going live simultaneously.
Crypto prices
More
