Primus, an onchain financial privacy infrastructure project, said it has received an investment from YZi Labs to support its ongoing work in financial privacy infrastructure for onchain use. The company also thanked both YZi Labs and EASYResidency for their investment, support, and trust. At the product level, Primus said its Confidential Vault is now live on BNB Chain. According to the announcement, the vault uses fully homomorphic encryption, or FHE, to offer private asset transfers and yield functions for onchain finance. The update ties new funding to a live deployment, with Primus presenting both the investment news and the BNB Chain launch in the same announcement.
Primus, an onchain financial privacy infrastructure project, said it has received an investment from YZi Labs to support its ongoing work on privacy infrastructure for onchain finance.
The project also thanked YZi Labs and EASYResidency for their investment, support, and trust.
Confidential Vault launches on BNB Chain
Primus said its Confidential Vault is now live on BNB Chain, using fully homomorphic encryption, or FHE, to provide private asset transfer and yield functions for onchain finance.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
