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

Blockchain privacy firm Nym Technologies launches a $300 million fund to support Web3 projects building privacy and security-focused infrastructure.

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

“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.” 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 .

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