Private Blockchain Outfit Aleo Raises $28M in New Funding Lead by a16z
4 hours ago by Benjamin Godfrey · 3 min read
Photo: Aleo / Twitter
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Aleo is committed to changing the decentralized ecosystem through its adherence to privacy features in applications being used today.
Aleo, the blockchain firm that says it is the first platform to offer fully private applications has raised $28 million in new funding. According to the company’s announcement, the round was lead by Andreessen Horowitz (a16z). Participation was also enjoined from other investors including Placeholder VC, Galaxy Digital Holdings Ltd (TSE: GLXY), Variant Fund, and Coinbase Ventures amongst others.
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