NuLink secures funding to develop its privacy-preserving technology

NuLink, decentralised solution that enables privacy-preserving applications developers to implement best practices and best-of-breed security and privacy, has raised $4m from a number of crypto investors.

Participating in the round was BMW Capital, Brotherhood Investment, ChainLayer, Chateau Crypto, Coincu Ventures, CypherVenture,  Exnetwork Capital, Glock Capital, Halvings Capital, Kangaroo Capital ,LD Capital, MacLane Wilkison (NuCypher’s Founder), Maven Capital, OIG Capital, R8 Block Capital, R-930 Capital, Regain Ventures, Stacker Ventures, Tokenova, Unanimous Capital,  VYSYN Capital, X21 Digital, ZBS Capital, Insignius capital, Bluechips, CSP DAO , Moonwhale and NEWTRIBE capital.

NuLink provides privacy-preserving technology for decentralised applications via APIs. The company’s platform provides endpoint encryption and cryptographic access control.

The company also provides the infrastructure for many application scenarios such as the encrypted NFTs trading market, electronic health records sharing, joint medical data analysis, decentralised digital rights management and financial encrypted data prediction.

One of the most exciting use scenarios for NuLink’s technology solution is in the encrypted NFTs trading market.

For instance, the NuLink solution makes it possible for artists to set up secure online private auctions where potential buyers can virtually view and bid for the art pieces on sale. The artist could also create special viewing events for their most dedicated fans or special collectors.

Martin Tang, founder of Cypher Ventures, said he was optimistic about NuLink’s potential. “We can see in the near future that there will be a huge amount of use scenarios waiting to be explored by the NuLink team.”

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