TechFlow reports that NuLink, a privacy protection protocol for decentralized applications, has announced the completion of a $1.6 million strategic funding round led by DWF Labs, Poolz, and ViaBTC, with participation from CheckPush, 0xwilds, Coinvestor, 0xbull, Alpha Capital, MNST Platform, and Aza Ventures. The company will use the funds to advance its technology, expand capabilities, and support education and training initiatives.
To date, NuLink has raised a total of $11.4 million, positioning itself as a leader in secure Web3 application development and enhancement.
Earlier on May 6, NuLink raised $5.33 million through an Fjord Foundry LBP, with plans for its Token Generation Event (TGE) in mid-May.
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