Panther Protocol Awards $ 22 Million Public Sale to Build Interoperable Privacy Layer for DeFi and Web3

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Pan­ther Pro­to­col, a start to fin­ish pro­tec­tion arrange­ment that makes secu­ri­ty for DeFi and Web3 clients across open blockchains, has raised more than 22 mil­lion as a fea­ture of their Pub­lic Sale. With the deal shut­ting in just an hour and a half, this brings the aggre­gate sum raised to $32 mil­lion. The DeFi space has con­sid­ered excep­tion­al devel­op­ment to be Pan­ther has shown inter­est in more than $500 mil­lion. Puma is of extra­or­di­nary inter­est to prac­ti­cal­ly all DeFi clients who are hop­ing to exploit the secu­ri­ty of indi­vid­ual mon­e­tary infor­ma­tion and con­fi­den­tial dig­i­tal cur­ren­cy transactions.

Pan­ther is cur­rent­ly build­ing on Ethereum, Poly­gon, Flare, Song­bird, NEAR, and Elrond. In addi­tion to devel­op­ing a robust set of APIs, SDKs, and cus­tom inte­gra­tions, Pan­ther will allow devel­op­ers to pro­vide pri­va­cy fea­tures with­in their appli­ca­tions with­out requir­ing a high­ly spe­cial­ized team of cryp­to­graph­ic design­ers and pri­va­cy tech­nol­o­gy engi­neers to do so. The idea is to cre­ate a vir­tu­al pri­vate decen­tral­ized ecosys­tem that unlocks val­ue that is cur­rent­ly iso­lat­ed between blockchains.

“This raise demon­strates the demand for pri­va­cy across the dig­its econ­o­my. Be it pri­va­cy applied to Web3 traf­fic, the meta­verse or token-based economies, Panther’s vision of inter­op­er­a­ble, com­pli­ance com­pat­i­ble ecosys­tems will be real­ized,” says Pan­ther Pro­to­col CEO and co-founder Oliv­er Gale. “We are grate­ful for this over­whelm­ing sup­port and wel­come the new com­mu­ni­ty mem­bers to Panther’s mis­sion – enhanc­ing free­dom and pri­va­cy for DeFi and Web3.”

Pan­ther Pro­to­col co-founder Anish Muham­mad com­ments, “As with the dual­i­ty of light, pri­va­cy has a dual nature, we are in a his­to­ry of pri­va­cy where we only rec­on­cile the dual nature of pri­va­cy. The Pan­ther pro­to­col was able to allow for both pri­va­cy and reli­a­bil­i­ty, by com­bin­ing zero-knowl­edge proof sys­tems with selec­tive disclosures.”

Since the company’s incep­tion, they have steadi­ly grown their team of experts, which now con­sists of more than 33 lead­ers in cyber­se­cu­ri­ty, cryp­tog­ra­phy, blockchain engi­neer­ing, game the­o­ry, DeFi, ecosys­tem devel­op­ment, tech­nol­o­gy mar­ket­ing and mar­ket­ing with their team set to grow in the com­ing months.

News Sum­ma­ry:

  • Pan­ther Pro­to­col Awards $ 22 Mil­lion Pub­lic Sale to Build Inter­op­er­a­ble Pri­va­cy Lay­er for DeFi and Web3 
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