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.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
