Crypto Privacy Startup Nucleo Raised 4 Million in Seed Funding
Nucleo is the first private, non custodial, auditable multisig on Ethereum. It provides the privacy infrastructure needed for a new wave in organizations to go on-chain.
“What started out as a fun side-project, quickly became a critical technology that unlocks a new design space for organizations to innovate around ownership and financing, employment, rewards, and more.”
The company’s goal is to offer a zero-knowledge multisignature solution that allows businesses to transact on the Ethereum blockchain. Multi-signature, also known by multi-signature, is a type digital signature that requires multiple users to approve and submit transactions.
“Organizations have been searching for a privacy solution such as Nucleo to bring trust and auditability to the blockchain.
With the money, the project hopes to expand its team, add more blockchain network integrations, and create a service that allows companies to access DeFi privately.DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.Join us to keep track of news: https://linktr.ee/coincuWebsite: coincu.comHaroldCoincu NewsTags: 6th Man VenturesBain Capital CryptoDeFiEthereumMulti-sigNucleo