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

The Nym Innovation Fund will draw capital from venture capitalist investors including Polychain, KR1, Huobi Incubator and Eden Block and will focus on supporting projects building Web3 privacy-focused tools and services.

Nym Technologies CEO and co-founder Harry Halpin said that privacy remains a central cog in ensuring that a decentralized internet remains resistant to censorship and avoids the pitfalls of Web2:

“This programme will ensure the health of the privacy ecosystem but it will also advance the Web3 industry as a… Read more on Cointelegraph