NuCypher

Encryption Startup NuCypher Raises $10.7 Million in Round Led By Bitmain, Polychain Capital

Encryption startup NuCypher raised $10.7 million in an agreement for future tokens (SAFT). The firm’s investment round was led by San Francisco-based Polychain Capital. NuCypher also announced that it has launched its public testnet. The company’s main product is based on proxy re-encryption, which encrypts files being sent to individual and administrator accounts. It controls...
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