Privacy public chain MOBLUS STRIP completes $50 million strategic financing, led by Ventures

Odaily reported that the privacy public chain project MOBLUS STRIP announced the completion of a $50 million strategic financing round, led by Ventures. According to the official statement, this round of financing was completed after a six-month technical due diligence process. Due to oversubscription, the project has already launched a new round of institutional financing.

According to the introduction, MOBLUS STRIP is a privacy public chain project under the Web3 industry ecosystem alliance Crypto Oasis. It natively integrates zero-knowledge proofs, ring signatures, and a distributed coin-mixing protocol, and is equipped with five sets of decentralized application solutions. The project aims to provide privacy and security support for EVM-compatible blockchains and enterprise systems without the need for hard forks.