Decentralization user data infrastructure Terminal 3 completed $8 million seed round financing, led by Illuminate Financial and CMCC Titan Fund.

According to Deep Tide TechFlow news on April 30, as reported by Business Wire, Hong Kong's decentralized user data infrastructure Terminal 3 has completed an $8 million seed round of financing. This round of financing was co-led by Illuminate Financial and CMCC Titan Fund, with participation from Animoca Brands, Progression Fund, IDG Blockchain, and Cherubic Ventures.

Terminal 3 utilizes blockchain and privacy-enhancing technologies (such as zero-knowledge cryptography) to provide users with self-sovereign data storage and private access services, with application scenarios covering banking, government credentials, social media, and marketing.

According to reports, the company currently serves nearly 8 million users. The funding will be used to develop new data privacy and security protocols and accelerate the application of enterprise-level Decentralization identity and credential platforms.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)