Nocturne Labs To Add Private Accounts Onto Ethereum, Attracts Vitalik Buterin Interest In Seed Funding Round
Portfolio Pulse from Khyathi Dalal
Crypto startup Nocturne Labs has raised $6 million in seed funding, co-led by Bain Capital Crypto and Polychain Capital, with participation from Ethereum co-founder Vitalik Buterin and others. The company aims to bring private accounts to the Ethereum ecosystem, enabling anonymous transactions. The funding round started in January 2023 and ended in August 2023, with the protocol expected to launch on the Ethereum mainnet in November 2023.
October 25, 2023 | 10:09 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Nocturne Labs' protocol, which aims to bring private accounts to the Ethereum ecosystem, is expected to launch on the Ethereum mainnet in November 2023. This could potentially increase the utility and demand for Ethereum.
Nocturne Labs' protocol is directly related to the Ethereum ecosystem. If successful, it could increase the utility of Ethereum by enabling anonymous transactions, which could potentially increase demand for Ethereum and positively impact its price.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100