Privacy emerges as crypto’s next 'killer app,' with Arc, Canton and Tempo topping $1 billion in funding
CoinDesk·
60-second summary
Institution-focused blockchains Arc, Canton, and Tempo are topping $1 billion in funding, marking a shift towards privacy as crypto's next 'killer app.' Regulation, corporate competition, and the need for secure infrastructure are driving this trend, according to Bitwise CIO Matt Hougan. This surge in funding highlights the growing importance of private and secure blockchain solutions for institutional investors.
New fundraising rounds for three institution-focused blockchains show how regulation, privacy and corporate competition are reshaping crypto infrastructure, according to Bitwise CIO Matt Hougan.