CryptoMediaClub
Monday, October 13, 2025
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home Blockchain

Privacy firm Nym launches $300M fund, eyes Web3 wallets, RPCs and infrastructure services

24.10.2023
A A
0
126
VIEWS
ShareShare

Blockchain privacy firm Nym Technologies has launched a $300 million funding program aimed at providing capital to projects building security-focused infrastructure.

The Nym Innovation Fund will draw capital from venture capitalist investors such as Polychain, KR1, Huobi Incubator and Eden Block and will focus on supporting projects building Web3 privacy-focused tools and services.

Nym Technologies co-founder and CEO Harry Halpin said privacy is central in ensuring that a decentralized internet remains resistant to censorship and avoids the pitfalls of Web2:

“This programme will ensure the health of the privacy ecosystem but it will also advance the Web3 industry as a whole, providing mentorship and funding during this difficult macroeconomic climate.”

Halpin told Cointelegraph that prospective projects that apply for funding could receive investments from Nym’s fund as well as directly from its venture capital backers:

“Nym will review the applicants and determine if & which ones to go to the investors and then investors will decide of & how much they want to fund.”

The program is set to begin in November 2023, and initial considerations of applications will be centered on Web3 wallets and applications that store private keys that interact and manage access to decentralized applications (DApps).

The fund will also look to support remote procedure call (RPC) protocols that can retrieve data from a blockchain network or send transactions from DApps as well as public good services, including essential resources, tools, infrastructure and initiatives that are publicly available as open-source projects.

Related: How to strike a balance between blockchain transparency and privacy: Nansen CEO

Coinciding with the Innovation Fund is the launch of the Nym Grants program, which will extend further funding opportunities, developer assistance, mentorship, marketing support, community engagement and operational guidance.

Lior Messika, managing partner at Eden Block, highlighted the firm’s support as an investor in the Innovation Fund to support builders and entrepreneurs within the Nym ecosystem.

“As the Nym core technology enables a host of applications and disruptive privacy use cases, Eden Block will closely support the Fund’s efforts through selection, advocacy, funding, and more.”

The program will prioritize support of projects and services that enhance user privacy and encourage open-source collaboration and community engagement.

Magazine: Beyond crypto: Zero-knowledge proofs show potential from voting to finance

Share10Tweet6ShareSharePin2

Related Posts

Ondo Finance Unleashes Revolutionary Tokenized US Treasuries on Sei
Blockchain

Ondo Finance Unleashes Revolutionary Tokenized US Treasuries on Sei

18.07.2025
0

Skip to content

Read moreDetails
Hashed stablecoin: South Korea’s Crypto Giant Unveils Bold Trademark Play

Hashed stablecoin: South Korea’s Crypto Giant Unveils Bold Trademark Play

17.07.2025
LA Token’s Strategic Move: Lagrange Foundation Considers Crucial Buyback for Price Stability

LA Token’s Strategic Move: Lagrange Foundation Considers Crucial Buyback for Price Stability

14.07.2025
Shocking Loss: Crypto Influencer Accidentally Burns $75K in PUMP Token

Shocking Loss: Crypto Influencer Accidentally Burns $75K in PUMP Token

14.07.2025
Dubai’s Historic Approval: Qatar National Bank Launches Revolutionary Tokenized Money Market Fund in DIFC

Dubai’s Historic Approval: Qatar National Bank Launches Revolutionary Tokenized Money Market Fund in DIFC

08.07.2025
Load More
Next Post
Bitcoin retracts and rebounds after BlackRock’s new ETF ticker removed from DTCC website

Bitcoin retracts and rebounds after BlackRock’s new ETF ticker removed from DTCC website

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

Multichain (MULTI) Price Surges 40% as Cross-chain Bridges Back Online

Multichain (MULTI) Price Surges 40% as Cross-chain Bridges Back Online

2 years ago
Stellar Holders Bet Big on This New ICO, Eyeing Massive 3,450% Gains

Stellar Holders Bet Big on This New ICO, Eyeing Massive 3,450% Gains

1 year ago
Deribit Witnessed $1.1 Trillion in Buying and selling Volumes in 2024, a 95% Yr-over-Yr Progress

Deribit Witnessed $1.1 Trillion in Buying and selling Volumes in 2024, a 95% Yr-over-Yr Progress

9 months ago
First Look: Art gallery in Dubai to educate artists on NFTs, Web3

First Look: Art gallery in Dubai to educate artists on NFTs, Web3

2 years ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

Ethereum Price Prediction: Robert Kiyosaki Focuses on ETH and Silver – Is He Front-Running a Global Asset Devaluation?

XRP Price Prediction: – XRP Hasn’t Bottomed Until Bitcoin Stabilizes – Buy the Dip

Ethereum Price Prediction: Can ETH Reclaim $4,500 as Bitcoin Tests $112K Support?

Securitize Weighs $1B SPAC Merger With Cantor Fitzgerald-Backed Firm

Bitcoin Could Rebound 21% This Week as October Trends Favor Recovery, Economist Says

Why SpacePay (SPY) Presale Should Not Be Missed: The Most Anticipated Crypto Solutions Are Finally Here

Trending

Shiba Inu (SHIB) Loses Momentum, While This $0.035 DeFi Token Surges 250% and Attracts Over 16,800 Investors
All news

Shiba Inu (SHIB) Loses Momentum, While This $0.035 DeFi Token Surges 250% and Attracts Over 16,800 Investors

13.10.2025
0

The crypto market is known for dramatic rotations. Meme coins like Shiba Inu (SHIB) once dominated headlines...

Bitcoin Price Prediction:  What Onchain Signals Suggest for BTC Price Direction – Up or Down?

Bitcoin Price Prediction:  What Onchain Signals Suggest for BTC Price Direction – Up or Down?

12.10.2025
From gold bars to rare earths: Pentagon’s billion-dollar bet on America’s resource security

From gold bars to rare earths: Pentagon’s billion-dollar bet on America’s resource security

12.10.2025
Ethereum Price Prediction: Robert Kiyosaki Focuses on ETH and Silver – Is He Front-Running a Global Asset Devaluation?

Ethereum Price Prediction: Robert Kiyosaki Focuses on ETH and Silver – Is He Front-Running a Global Asset Devaluation?

12.10.2025
XRP Price Prediction: – XRP Hasn’t Bottomed Until Bitcoin Stabilizes – Buy the Dip

XRP Price Prediction: – XRP Hasn’t Bottomed Until Bitcoin Stabilizes – Buy the Dip

12.10.2025
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz