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Looking at the progress of this privacy smart contract platform over the years, it's quite solid. In 2020, they raised $124 million through an IPO, and later they raised an additional $18 million. Once the funds were in place, they started large-scale investment in R&D. They allocated 15 million tokens to establish a development fund to attract developers worldwide, which indeed accelerated technological iteration.
The key point is the implementation status. By 2026, technologies like privacy contracts and RWA tokenization standards are already operational in real-world scenarios—covering Security Token Offerings (STO), compliant DeFi, and carbon credit trading. Interestingly, they collaborated with environmental agencies from ten countries on pilot projects, applying blockchain traceability technology to industrial applications.
From a strategic perspective, this foundation aims to become a bridge between traditional finance and the decentralized ecosystem. The EU has a securities asset market worth $40 trillion, and they are targeting this sector, aiming to gradually move these assets onto the blockchain. In simple terms, they are positioning themselves as a core infrastructure provider in the wave of asset digitization. The approach is quite clear.