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