Privacy DeFi access layer Singularity completes $2.2 million financing, led by gumi Cryptos Capital

2024-02-22 21:22:50

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ChainCatcher news, the privacy DeFi access layer Singularity has completed a $2.2 million financing round, led by Silicon Valley venture capital firm gumi Cryptos Capital, with participation from Nomura Securities' digital asset subsidiary Laser Digital, Eureka Partners, and previous investors Apollo Crypto, Digital Asset Capital Management, and Gandel Invest. The funds raised will be used to support protocol development and promote compliant access to DeFi, particularly aimed at institutional users. Additionally, the Singularity protocol is set to be officially launched in the coming months.

It is reported that Singularity is a compliant, institutional-grade DeFi privacy layer designed to provide access services to DeFi protocols for on-chain participants while safeguarding commercial secrets.

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