a16z leads $100M funding round, the Introduction of Privacy L2 Aztec Eco
wublock.substack.com
Author: @0xMavWisdom In the wake of Tornado Cash, the privacy track is in the midst of a crisis of confidence. Recently, Aztec Network, a Layer 2 scaling network using the UTXO model and proof of privacy, announced the closing of a $100 million Series B round of funding led by a16z crypto with participation from A Capital and others. Aztec Network has previously raised nearly $17 million in a Series A round led by Paradigm. With the funding, Aztec co-founder Andrews said the money will be used primarily to hire more engineers to build the network globally.
a16z leads $100M funding round, the Introduction of Privacy L2 Aztec Eco
a16z leads $100M funding round, the…
a16z leads $100M funding round, the Introduction of Privacy L2 Aztec Eco
Author: @0xMavWisdom In the wake of Tornado Cash, the privacy track is in the midst of a crisis of confidence. Recently, Aztec Network, a Layer 2 scaling network using the UTXO model and proof of privacy, announced the closing of a $100 million Series B round of funding led by a16z crypto with participation from A Capital and others. Aztec Network has previously raised nearly $17 million in a Series A round led by Paradigm. With the funding, Aztec co-founder Andrews said the money will be used primarily to hire more engineers to build the network globally.