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Panther Protocol Raises $22 million in Public Sale to Build Interoperable Privacy Layer for DeFi and Web3 -Breaking

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Panther Protocol raises $22 Million in Public Sales to Create Interoperable Privacy Layer for DeFi & Web3

Panther Protocol, an end to-end privacy system that protects DeFi and Web3 users on public blockchains across the globe, raised 22 million during their Public Sale. With this, the total funds raised are now at $32million.

“This raise as part of our public sale demonstrates a huge demand for an interoperable, compliance compatible privacy protocol.” says Panther Protocol CEO and co-founder Oliver Gale. “We are grateful for this overwhelming interest in our project and are confident that this signals the importance of Panther’s mission – enhancing freedom and privacy for DeFi and Web3.”
The company offers the public sale as an opportunity to increase community involvement and participate in an end-to–end privacy protocol for DeFi users and Web3 users.

With over $500M of interest in Panther, the DeFi market has experienced unprecedented growth. For most DeFi users, Panther is a crucial component. They can benefit from confidential cryptocurrency transactions and financial data protection. Panther’s current projects include Flare Flare Flare Songbird NEAR Elrond and Flare. Panther, in addition to creating a solid set of APIs SDKs custom integrations and robust interfaces, will also allow developers to implement privacy features into their apps, without the need to have a highly-skilled team of privacy technologists and cryptographers. This is an attempt to build a private, by-default, decentralized ecosystem that unlocked the potential value currently held between different blockchains.

Anish Mohammed, co-founder of Panther Protocol comments.

“As with duality of light, privacy has a dual nature, we are in the history of privacy where we are just reconciling, privacy’s dual nature. Panther protocol has managed to allow both privacy and authenticity, by combining zero knowledge proof systems and selective disclosures.”
Since the company’s founding they have been steadily growing their team of experts, now consisting of over 33 leaders in cybersecurity, cryptography, blockchain engineering, game theory, DeFi, ecosystem development, technology commercialization and marketing with their team set to grow in the coming months.

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