TechFlow News, November 1 — Security protocol Phylax Systems has completed a $4.5 million seed funding round. The round was co-led by Nascent and Figment Capital, with participation from Robot Ventures, Hash3, Bankless Ventures, Breed VC, Public Works, Banteg, Hari Mulackal, Laurence Day, Ryan Lackey, Nic Carter, Nader Dabit, and Eric Wall.
Phylax Systems is a security protocol designed to address cryptographic security challenges. It plans to build The Credible Layer, an active hacker prevention protocol that enables dApps to define rules for preventing hacks and communicate them to blockchain builders, specifying the states they wish to protect against—allowing preventive actions before attacks occur.
Add to Favorites
Share to Social Media
